Tech Company Financing Transactions
Light Funding Round
Matrix Capital Management, Activate Capital and BoxGroup invested in a $46 million Series A funding round for Light. The round was announced on 9/1/2026.
Transaction Overview
Company Name
Announced On
9/1/2026
Transaction Type
Venture Equity
Amount
$46,000,000
Round
Series A
Investors
Proceeds Purpose
The company will use the capital to fund its strategic commercial market expansion out of Texas into the massive PJM Interconnection regional transmission territory, grow its regulatory and energy procurement workforces, scale its core software infrastructure, and accelerate business development pipelines targeting hyperscale data center developers.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
98 San Jacinto Blvd 160
Austin, TX 78701
USA
Austin, TX 78701
USA
Phone
Undisclosed
Website
Email Address
Overview
Light turns power into a platform. We help leading brands--like solar providers, automakers, and home platforms--offer embedded, branded electricity plans to their customers. Our partners are reshaping how people experience energy, unlocking better customer experiences or the full potential of products like batteries, EVs, and other smart devices.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Baker Shogry
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