Tech Company Financing Transactions
Elevate Renewables Funding Round
Elevate Renewables, based in Boston, secured $50 million in investment from Rabobank.
Transaction Overview
Company Name
Announced On
4/13/2026
Transaction Type
Debt
Amount
$50,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The facility will support a large solar and battery energy storage project contracted to power a data center, reinforcing the critical link between modern energy infrastructure and the rapidly expanding digital economy.
Company Information
Company Status
Private & Independent
Industry
Infrastructure
Mailing Address
200 Clarendon Street, 55th Floor
Boston, MA 02116
USA
Boston, MA 02116
USA
Phone
Website
Email Address
Overview
Elevate Renewables® is a national renewable energy development company focused on strategically deploying battery energy storage electric resources to decarbonize existing fossil-fuel-powered generation facilities. The Company currently has an extensive brownfield pipeline and is active in energy markets throughout the U.S., where the rapid growth of intermittent and inflexible renewable energy has created a need for flexible, dispatchable renewable energy, which can uniquely be met by utility-scale battery storage.
Management Team
Title
Name
Email & Social
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We report on every notable VC transaction. VC transactions reported here are sourced from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.
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