CANADA – dcbel, a Montreal, Canada-based smart home energy company, raised $50+M in Series B funding.
The round saw participation from existing investors Volvo Cars, Coatue, Kevin Mahaffey and Real Ventures, Idealist Capital and Investissement Québec. Pierre Larochelle, Co-Managing Partner of Idealist Capital, will be appointed to the dcbel Board of Directors. The company intends to use the funds to accelerate delivery of the Home Energy Station within its targeted territories. Founded in 2015 and led by Marc-Andre Forget, CEO, dcbel empowers homeowners to take control of their energy by leveraging renewable assets such as solar panels, stationary batteries and their electric vehicle (EV) to avoid blackouts, save money when energy prices peak, and earn money while contributing to the stability of the grid. The dcbel r16 Home Energy Station is a home energy solution, which, along with bidirectional EV charging, provides a solar and stationary battery inverter with built-in artificial intelligence capabilities. Learning from a home’s historical energy consumption data, the device can predict energy needs and secure the cleanest electricity at the lowest cost.The r16 Home Energy Station is the first in a suite of products dcbel plans on releasing to help homeowners reduce everyday costs.17/08/2023
