Connect with us

Hi, what are you looking for?

Spotlight: S3XY

Billie Eilish, Lebron, Arnold, and more, All Back Palmetto in $375 Million funding round

Governor Arnold Schwarzenegger, Billie Eilish, Finneas O’Connell, Bono, LeBron James, Drake, Maverick Carter and Jimmy Iovine are some of the standout names that invested in the clean energy startup  Palmetto.  $375 million was raised by the help of celebrity venture capitalist Social Capital – Chamath Palihapitiya. According to Crunchbase, Palmetto Clean Technology has raised a total of $478.3M in funding over the period of 8 rounds.

Palmetto is a clean energy platform founded by Chris Kemper with the aim to make it easier as well as more affordable for homeowners to have renewable energy like solar power. 

The company is based in South Carolina and operates by platform by overseeing the process where homeowners are put in touch with sales reps and solar rooftop / solar energy installations. Currently the company operates in 24 states and is said to be using its recent raised capital on growing the marketplace and expanding and improving operating efficiencies.  

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Evergreen Energy Solutions

Some of the most effective climate tech is proven and ready to roll George Monbiot, columnist for The Guardian, released an article with the...