LevelTen Energy, Inc. announced that it has raised $65 million led by new investor B Capital Group Management, L.P. on July 16, 2024. The transaction also included participation from returning investors Prelude Ventures, LLC, Constellation Technology Ventures, GV Management Company, LLC, Intercontinental Exchange, Inc., NGP Energy Capital Management, LLC and new investors Climate Innovation Fund, a fund managed by M12, Zoma Capital, LLC,Aster Capital Partners SAS, and other investors. The company has issued convertible debt in the transaction.

The company has raised more than $125 million in funding till date.