Daylight Raises $75 Million to Drive Solar Energy Expansion

The decentralized solar infrastructure project, Daylight, has secured a landmark $75 million funding round led by Framework Ventures and joined by renowned investors like a16z Crypto and Coinbase Ventures. This significant investment will be used to expand the network’s reach and introduce a new subscription-based energy service. Daylight aims to significantly increase its solar energy capacity through infrastructure development, with an emphasis on serving residential customers. The funding also highlights the growing confidence of institutional investors in the project’s ability to revolutionize the renewable energy sector.