Announced

Completed

General Catalyst led a $258m Series F round in Mainspring Energy.

Synopsis

General Catalyst, a venture capital firm, led a $258m Series F round in Mainspring Energy, a clean power generation company, with participation from Amazon Climate Pledge Fund, DCVC, Temasek, Marunouchi Innovation Partners, M&G Investments, Pictet, Lightrock, LGT Bank, Khosla Ventures and Gates Frontier. "Mainspring is fortunate to have the support of many of the top energy investors in the world, with a strong international perspective, as we prepare for our next phase of growth. This round, along with the growth of our Board, strengthens our capacity to deliver more power – faster and at scale – around the world. It also positions us to advance U.S. leadership in innovative power technology and bolster national energy security," Shannon Miller, Mainspring CEO and Founder.

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