Decentralized energy network Daylight completes a total of $75 million in financing
2025-10-16 12:26:57
Daylight, a decentralized energy network, announced the completion of a $15 million equity financing round led by Framework Ventures and a16z crypto, Lerer Hippeau, M13, Room40 Ventures, EV3, Crucible Capital, Coinbase Ventures, and Not Boring Capital, in addition to $60 million in project development funding led by Turtle Hill Capital, which plans to use the funds to build a cryptocurrency-powered distributed energy network and explore the launch of DayFi, an energy infrastructure-based revenue protocol.
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