The Technology team advised Yotta Energy in a $13 million Series A funding round led by WIND Ventures. The round included follow-on investors Doral Energy-Tech Ventures and Riverstone Ventures, and returning investors EDP Ventures and SWAN Impact Network.
Yotta Energy is a renewable energy storage company headquartered in Austin, Texas. As a worldwide energy shortage is poised to hit the U.S. this winter, Yotta will use the funding to scale its unique, modular energy storage and microgrid technology specifically designed to transform buildings into self-generating power plants.
Based in San Francisco, WIND Ventures is the strategic venture capital arm of Copec, one of the leading energy companies in Central and South America.
Overall, the funding will allow Yotta Energy to expand product deployments in the U.S. and Latin America, increase company employment, open up energy generation revenue for commercial flat-roof buildings, and help North and South America meet decarbonization goals. The round brings the company’s total funding to $20 million.
The Goodwin team was led by Andrew Sparks, David Brekke, and Chris Garcia.
For more details, read the press release.