Lannar Ventures and NGP ETP led a $70m funding round in Dandelion Energy.

Lannar Ventures, a venture capital firm, and NGP ETP, a private equity firm led a $70m funding round in Dandelion Energy, residential geothermal company, with participation from Breakthrough Energy Ventures, NEA, GV, Collaborative Fund, and Building Ventures.. "We are thrilled to welcome these incredible investors to our board. Together, LENX and NGP ETP bring unparalleled expertise in consumer behavior, new construction, and energy economics -- all of which are driving the transition to sustainable heating. Our goal is to be the Tesla of heating and cooling, and with this capital, we expect to make great strides down that path," Michael Sachse, Dandelion Energy CEO.