CleanTech Startup Odyssey Energy Solutions Raises $74M in Funding

Odyssey Energy Solutions, a Boulder, CO-based provider of a financing and procurement platform for distributed renewable energy (DRE) projects in emerging markets, has raised $74 million in a funding round, bringing the total amount to $94 million.

The latest round comprised $27 million in equity and $47 million in debt, led by Broadscale Group, FMO, and Al Mada Ventures. Participants included Union Square Ventures, Equal Ventures, Abstract Ventures, Twelve Below, FJ Labs, MCJ, Transition Ventures, British International Investment, BIO, the Facility for Energy Inclusion, and the Energy Entrepreneurs Growth Fund.

The capital will support the expansion of its platform and procurement capabilities across emerging markets.

Funding Snapshot

About Odyssey Energy Solutions

Founded in 2017 by Emily McAteer and Piyush Mathur, Odyssey Energy Solutions provides financing and procurement infrastructure for distributed renewable energy (DRE) projects across emerging markets. Its platform connects energy companies with financiers and equipment suppliers, helping projects access capital, equipment and supply chain financing.

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Core offerings include:

• Renewable energy financing
• Equipment procurement
• Supply-chain credit
• Distributed energy project support

Core Technologies / Products / Services