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A group of investors led a $150m Series B round in BlocPower.

Synopsis

A group of investors, including VoLo Earth Ventures, Goldman Sachs, Microsoft Climate Innovation Fund, Credit Suisse, Builders Vision, New York State Ventures, Unreasonable Collective, Kimbal Musk, Gaingels, Van Jones, Kapor Capital, MCJ Collective, Tale Venture Partners, and Russell Westbrook, led a $150m Series B round in BlocPower, an energy technology startup that focuses on developing healthy, green, and smart cities. “Since 2014, BlocPower has focused on decarbonizing America’s urban core, developing the green economy’s workforce, and bringing climate justice to underserved and vulnerable communities. We are fighting the climate crisis while improving quality of life for city residents. Series B equity and working capital financing from Goldman Sachs will allow us to accelerate building decarbonization across America. We will help low- to-moderate income communities to access the benefits of President Biden’s once in a lifetime green economy investments,” Donnel Baird, BlocPower CEO and Founder.

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