# PearlX Infrastructure

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pearlx-infrastructure

- Industry: Energy Storage & Batteries
- Headquarters: Charlottesville, US
- Website: www.pearlx.com
- Total disclosed funding: $70M
- Latest round: Series B (Sep 14, 2022)
- Investors on record: 1

## About

Based in Virginia, US, and founded in 2019, PearlX infrastructure LLC operates as a solar amenity provider that offers solar batteries to rented tenants which helps them earn. The company was founded by Pete Mendonez Jr. In September 2022, PearlX Infrastructure LLC raised USD 5 million in venture funding. As of 2022, the company is led by its CEO Michael Huerta.

It delivers energy resilience and independence to subscribers and offers them to build an income stream by offering them a solar energy battery as both a grid asset and a community storage asset. The advanced software for grid services enables behind-the-meter VPPs which help in receiving and responding to onsite and grid level signals.

## Funding rounds

- Series B, Sep 14, 2022, $70M — Lombard Odier

## Investors

- Lombard Odier (https://capitalatlas.ai/funds/lombard-odier) — Series B