Daylight raises $75m to put crypto at the center of home energy
The post Daylight raises $75m to put crypto at the center of home energy appeared on BitcoinEthereumNews.com.
Daylight’s bet is that the grid’s upgrade path runs through financial innovation, not just hardware. Its $75 million war chest funds the code to align homeowner incentives with grid stability using crypto economics. Summary Daylight Energy raised $75 million, including $15 million in equity led by Framework Ventures and a $60 million project financing facility. The startup uses crypto incentives to connect home solar and battery systems into a decentralized power network. Its DeFi model rewards homeowners for stabilizing the grid and lowers costs by turning residential power storage into a collective virtual plant. According to a press release dated Oct. 15, Daylight Energy has raised $75 million to expand its decentralized energy network that turns homes into distributed power plants. Daylight said the round included $15 million in equity led by Framework Ventures, joined by a16z crypto, Coinbase Ventures, and others, alongside a $60 million project financing facility managed by Turtle Hill Capital. Notably, the funds will support Daylight’s effort to weave DeFi incentives into solar adoption, rewarding homeowners who install battery and solar systems while connecting their stored power to grid markets. A decentralized fix for an outdated energy economy Daylight aims to tackle two parallel failures: a broken solar sales model and a desperate need for grid capacity. The company noted that 60% of residential solar costs are consumed by marketing and customer acquisition, a massive inefficiency that stifles adoption and delays homeowner savings for years. Simultaneously, centralized utilities are struggling to meet rising electricity demand with traditional, slow-to-build power plants. Daylight’s network attacks both issues by creating a unified financial and operational system and generating revenue through a dual-stream model. First, subscribers pay a predictable monthly fee for their energy, typically lower than their local utility rate. Second, and more critically, the network aggregates the power…
Filed under: News - @ October 16, 2025 9:27 pm