Efficiency Startup Gets Funding to Cut Energy Use by Buildings

Carbon Lighthouse, a San Francisco-based energy-efficiency company, raised $27 million to expand its engineering and marketing efforts. GRC SinoGreen Fund led the oversubscribed funding round and JCI Ventures, SV Tech Ventures and EBay founder Pierre Omidyar’s Ulupono Initiative also participated, according to Carbon Lighthouse Chief Executive Officer Brenden Millstein. Other investors included Ekistic Ventures, Tom Steyer’s Radicle Impact Partners, former General Motors Co. Vice Chairman Steve Girsky and Tesla Inc. Chief Technology Officer Jeffrey B Straubel.

Source: Renewable Energy