# dcbel

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dcbel

- Industry: Renewable Energy
- Headquarters: Montreal, Canada
- Website: www.dcbel.energy
- Total disclosed funding: $50M
- Latest round: Series B (Aug 17, 2023)
- Investors on record: 5

## About

Based in Montreal, Canada, and founded in 2015, dcbel Inc. operates as a developer and manufacturer of sustainable energy technology that uses artificial intelligence. The company was founded by CEO Marc - André Forget. In March 2025, dcbel Inc. raised USD 55 million in venture funding led by Public Sector Pension Investment Board, with participation from Idealist Capital. Other unspecified investors also participated in the round. dcbel Inc. develops and offers its dcbel™ r16 and dcbel™ r24s that use solar charging. The company also offers a mobile application for tracking and controlling their home energy and EV charging status. dcbel Inc. generates its revenue by providing its products to its customers through an invitation-only program. The company will use the March 2025 funding to accelerate the commercialization of its bidirectional EV charger technology in North America and Europe while protecting Canadian intellectual property and creating jobs.

## Funding rounds

- Series B, Aug 17, 2023, $50M — Investment Quebec, Volvo Group Venture Capital, Coatue Management, Real Ventures, Idealist Capital

## Investors

- Investment Quebec (https://capitalatlas.ai/funds/investment-quebec) — Series B
- Volvo Group Venture Capital (https://capitalatlas.ai/funds/volvo-group-venture-capital) — Series B
- Coatue Management (https://capitalatlas.ai/funds/coatue-management) — Series B
- Real Ventures — Series B
- Idealist Capital (https://capitalatlas.ai/funds/idealist-capital) — Series B