Product

I’m excited to announce @a16zcrypto is leading the $9M Series A round in /daylightenergy! 🔆 Daylight is building a decentralized protocol to fund & coordinate distributed energy resources.

Daylight will initially sell distributed energy resource (DER) data to energy companies. It plans to enable anyone to build a virtual power plant, with access to info about DERs & the ability to control their deployment.

Imagine a home with solar panels, an electric vehicle battery, & a smart thermostat. Daylight lets the homeowner capture & sell data from those devices to energy companies to better manage the grid.

Co-founder & CEO @jasonbadeaux is a leading expert on decentralized network design for the physical world. Along with co-founders @powertrader and Udit Patel, they've built a crack team of energy grid operators, smart contract engineers, and domain experts.

We’re thrilled to help Daylight build a better & more decentralized energy grid! https://a16zcrypto.com/posts/article/investing-in-daylight/