Decentralized energy network Daylight completes $15 million equity financing, with participation from a16z and others

ChainCatcher news, the decentralized energy network Daylight announced the completion of a $15 million equity financing, led by Framework Ventures, with participation from a16z Crypto, Lerer Hippeau, M13, Room 40 Ventures, EV3, Crucible Capital, Coinbase Ventures, and Not Boring Capital.

In addition, the company also secured $60 million in project development funding led by Turtle Hill Capital, planning to use this funding to build a cryptocurrency-driven distributed energy network and explore the launch of an energy infrastructure-based yield protocol called DayFi.