Giant Ventures led a $40m Series B Financing Round in Haven Energy.

Giant Ventures, a global venture capital firm, led a $40m Series B Financing Round in Haven Energy, a climate tech company, with participation from the California Infrastructure Bank, Carnrite Ventures, Chaac Ventures, Comcast Ventures, and Lerer Hippeau. “Our utility partnerships will form the backbone of how we scale distributed capacity nationwide. The distributed generation sector has always been at odds with utilities, but we believe the future requires close collaboration to fully maximize the grid value of distributed assets, especially energy storage. Working with utilities isn’t a nice-to-have anymore; it’s a must. We’ve refined this model through multiple and successful collaborations, showing how quickly distributed capacity can scale when everyone is aligned. Haven is now building on that success, helping our partners lower costs and strengthen grid resilience faster than ever,” Jeff Chapin, Haven Energy Co-Founder.