# Artemis

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/artemis-2

- Industry: Renewable Energy
- Headquarters: Sacramento, US
- Website: www.artemispower.com/
- Total disclosed funding: $3.3M
- Latest round: Seed (Sep 21, 2023)
- Investors on record: 6

## About

Established in 2022 and based in California, US, Monalee Inc., trading under the name Artemis is a renewable energy company that uses artificial intelligence to provide an assessment of electric consumption and the roof to determine how much sunlight the solar panel would need. In March 2026, Artemis raised USD 6 million in venture funding co-led by new investors Long Journey Ventures and WIND Ventures, with participation from other new investors FJ Labs and Tribeca Venture Partners. Returning investors Ludlow Ventures, Shrug Capital, Coalition Operators, Plug and Play, Palm Tree Crew Investments, and individual investors also participated in the round.

The company’s offering includes solar panels, premium microinverters, and the renowned Tesla Powerwall for energy storage. The firm’s AI bot analyzes energy consumption and roof characteristics to create an optimal solar design tailored to the user’s needs. Mona Lee’s partners include ACLU, SPCA International, Shatterproof, Foster Love, and others.

The startup generates revenue through its real-time pricing updates and design services, with costs starting at USD 1.60 per watt.

## Funding rounds

- Seed, Sep 21, 2023, $3.3M — Ludlow Ventures, Plug and Play, PagsGroup, Shrug Capital, Palm Tree Crew Investments, Coalition Operators

## Investors

- Ludlow Ventures (https://capitalatlas.ai/funds/ludlow-ventures) — Seed
- Plug and Play (https://capitalatlas.ai/funds/plug-and-play) — Seed
- PagsGroup — Seed
- Shrug Capital (https://capitalatlas.ai/funds/shrug-capital) — Seed
- Palm Tree Crew Investments (https://capitalatlas.ai/funds/palm-tree-crew-investments) — Seed
- Coalition Operators (https://capitalatlas.ai/funds/coalition-operators) — Seed