We’re excited to share a major milestone in Daylight’s journey to build the world’s largest decentralized energy network.Daylight has secured $75 million in new financing to accelerate the transition to distributed energy. This includes $15 million in equity capital led by Framework Ventures, with participation from a16z crypto, Lerer Hippeau, M13, Room40 Ventures, and EV3. In parallel, Turtle Hill Capital has led a $60 million project development facility to scale home energy deployments nationwide.
This funding enables us to bring more homes on the network, launch innovative financial tools for the energy economy, and advance our mission to build a more resilient, affordable, and community-powered energy network.
Electricity demand is rising faster than our grid can adapt. Emerging technologies like AI and EVs are transforming the energy landscape, yet the infrastructure powering them remains outdated, centralized, and increasingly fragile.
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Distributed solar and battery storage offer a faster, more affordable alternative. But today’s financing and sales models are slow, inefficient, and inaccessible to many families.
Daylight is changing this by offering a simple energy subscription that gives homeowners access to solar, battery storage, and network participation, all with no upfront cost. Subscribers receive backup power and a lower, more predictable monthly energy bill, while also contributing capacity to the broader network.
When demand spikes, the Daylight Network dispatches stored energy from participating homes back to the grid. This additional capacity generates revenue, which flows back into the system to drive down costs for all participants.
At the heart of our approach is a belief that infrastructure should be owned and governed by the communities it serves. That’s why we are pairing real-world energy deployments with onchain systems that reward participation and align incentives.
Subscribers to the Daylight earn Sun Points for supporting grid resilience. These rewards can be redeemed in-app for gift cards, merch, or to pay your Daylight subscription.
To scale this model, we are also introducing DayFi, a yield protocol that connects DeFi capital to physical energy systems. Investors can earn yield backed by electricity revenues from our expanding portfolio of residential solar and storage systems. This creates a new digital asset class while opening a novel channel for clean energy financing.
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