Daylight Energy Secures $75M to Integrate Crypto Incentives into Home Energy Grids

Daylight Energy has raised $75 million in a funding round aimed at revolutionizing home energy systems through cryptocurrency incentives. The startup's approach leverages decentralized finance (DeFi) to align homeowner participation with grid stability, transforming residential solar and battery setups into a collective virtual power plant.

The funding includes $15 million in equity led by Framework Ventures, with participation from a16z crypto, Coinbase Ventures, and others, alongside a $60 million project financing facility managed by Turtle Hill Capital. Daylight's model rewards homeowners for contributing stored energy to the grid, addressing both inefficiencies in solar adoption and the urgent need for grid capacity expansion.

By embedding crypto economics into energy infrastructure, Daylight is pioneering a financial innovation path for grid upgrades. The company's vision taps into the growing intersection of decentralized technology and real-world utility, marking a significant step toward sustainable energy solutions powered by blockchain incentives.