Redaptive Closes Next Phase of Series E Funding Round with Further Investment from Linse Capital
Redaptive, a leading provider of Energy-as-a-Service solutions, today announced an additional investment in its series E funding round from long-term investor Linse Capital. This funding represents another significant step towards expanding Redaptive’s offerings and supporting more customers.
This latest investment follows recent contributions to the round made by Canada Pension Plan Investment Board (CPP Investments), Honeywell, CBRE, and others - bringing the total amount raised for this round to approximately $250 million. With this, Redaptive will continue to support enterprise customers with data-driven energy generation and efficiency programs including HVAC, LED lighting, solar, EV, as well as Data Solutions, and other utility upgrades that can be deployed at large sites or across distributed real estate portfolios.