The React Network
Latest round
- Seed
Last raised
- Nov 2022
Total raised
- $4.2M
Investors
- 5
About The React Network
Based in Texas, US, Anode Labs, Inc doing business as The React Network operates as a technology-based company that develops a community-owned decentralized platform that connects with energy storage assets and shares its excess energy with a regional pool. The company was Co-founded by Dallas Griffin (Co-CEO), Jason Badeaux, and Evan Caron. The firm offers a platform that helps users to build a decentralized, sustainable, and stable energy grid system. The firm’s network connects with batteries in homes, businesses, and multi-family living spaces with the help of an electricity sensor. The extra energy shared by these batteries supports the power grid when needed and the people contributing to this source get awarded in the form of cash, crypto, or tokens. The company also offers a mobile application to monitor energy usage, measure conservation, and check in on users’ earnings. The company generates its revenue by selling electricity sensors which cost USD 259.
Who invested in The React Network
5 investors across 1 round
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Funding rounds
Seed
Nov 17, 2022
Amount
$4.2M
Investors
Questions about The React Network
Who invested in The React Network?
The React Network has 5 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 The React Network raised?
The React Network has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did The React Network last raise money?
The React Network's most recent round on record is a Seed, in Nov 2022.
What does The React Network do?
Based in Texas, US, Anode Labs, Inc doing business as The React Network operates as a technology-based company that develops a community-owned decentralized platform that connects with energy storage assets and shares its excess energy with a regional pool.
Where is The React Network headquartered?
The React Network is headquartered in Austin, US.
Which VCs invest in companies like The React Network?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back energy storage & batteries companies at The React Network's stage. Their profiles are linked below.
VCs backing energy storage & batteries startups at Seed
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