Lodestone Energy
Latest round
- Series C
Last raised
- Mar 2024
Total raised
- $4.5M
Investors
- 3
About Lodestone Energy
Founded in 2020, Lodestone Energy operates out of Auckland, New Zealand, and specializes in solar energy production.Lodestone Energy specializes in utility-scale solar energy generation, providing various solar farm projects designed to harness solar power for residential and commercial use. Key projects include the Kohira Solar Farm, Rangitaiki Solar Farm, Te Herenga o Te Ra Solar Farm, Pamu Ra ki Whitianga, and the upcoming Clandeboye Solar Farm in Canterbury. Together, these farms utilize 360,000 solar panels across 350 hectares, generating enough electricity to power around 50,000 homes.Lodestone Energy generates revenue through its activities as both a solar energy producer and a newly established electricity retailer. The company sells energy directly to thousands of homes and businesses within New Zealand's power grid, leveraging structured partnerships with larger energy consumers. The retail aspect simplifies transactions for customers, offering competitive pricing for solar energy. The company is also planning to expand its market reach, targeting additional geographic regions to enhance its presence in the renewable energy sector.
Who invested in Lodestone Energy
3 investors across 1 round
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Funding rounds
Series C
Mar 1, 2024
Amount
$4.5M
Investors
Questions about Lodestone Energy
Who invested in Lodestone Energy?
Lodestone Energy has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Lodestone Energy raised?
Lodestone Energy has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Lodestone Energy last raise money?
Lodestone Energy's most recent round on record is a Series C, in Mar 2024.
What does Lodestone Energy do?
Founded in 2020, Lodestone Energy operates out of Auckland, New Zealand, and specializes in solar energy production.
Where is Lodestone Energy headquartered?
Lodestone Energy is headquartered in Auckland, New Zealand.
Which VCs invest in companies like Lodestone Energy?
Among active investors with capital left to deploy, Blackbird, AirTree Ventures, Square Peg and Immutable Ventures back renewable energy companies at Lodestone Energy's stage. Their profiles are linked below.
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