dcbel

The Canada Growth Fund (CGF) has invested $58 million in dcbel, a Montreal-based company developing bidirectional EV charging and home energy management solutions. The funding, part of an $80 million round with Idealist Climate Impact Fund LP and others, will support dcbel’s expansion in North America and Europe while maintaining its Canadian headquarters and intellectual property.

dcbel’s Ara home energy system integrates solar storage, EV charging, and AI-powered energy optimization to cut costs and boost resilience. CGF has now invested $2.3 billion in Canadian cleantech, backing firms driving sustainable energy innovation.

Want to know more? Check out the source code on CleanEnergy.ca.

Smart home energy company dcbel secures USD $50+ Million in Series B funding, backed by investors including Volvo Cars, Coatue, and Kevin Mahaffey. Idealist Capital and Investissement Québec also join in this round to support dcbel’s clean energy innovations.

The funding boost will accelerate the launch of the Home Energy Station, empowering homeowners with solar panels, EVs, and stationary batteries to manage energy efficiently. Pierre Larochelle of Idealist Capital joins dcbel’s Board of Directors, bringing decades of climate impact investment experience.

dcbel’s r16 Home Energy Station combines EV charging, solar, and battery capabilities, transforming the way households interact with energy.

Want to know more? Check out the source code on PRNewswire.com.