Led · Equity · Feb 2026

Mitra EV delivers a fully managed fleet-electrification service that bundles vehicle leasing from OEMs such as GM, Ford, and Mercedes-Benz with overnight depot charging and access to a growing network of shared DC fast-charging hubs. Targeting the small- and mid-sized businesses that comprise 99% of U.S. fleet operators, the platform promises immediate operating-cost reductions of up to 70-75% by lowering fuel and maintenance expenses. Mitra’s model is capital-efficient for customers, requiring no upfront spend while guaranteeing cost savings from day one. The company is vehicle- and charger-agnostic, enabling flexible, future-proof deployments without locking fleets into a single hardware provider. Recent launches include the nation’s first shared DC fast-charging hub network designed for urban commercial fleets, addressing charging access constraints in dense markets. Proceeds from its latest financing will fund expansion of this charging network, additional vehicle deployments, and entry into new geographic markets. Although the article does not disclose revenue or user counts, Mitra emphasizes quick payback periods and measurable ROI for fleet customers.

Led · Equity · Jan 2026

L-Charge focuses on solving power-access bottlenecks for electrification by offering self-contained, modular charging units that operate independently of the electrical grid. Its flagship products enable rideshare, last-mile delivery, and broader fleet customers to deploy charging stations in weeks rather than waiting months for utility upgrades. The company monetizes through Charging-as-a-Service and Power-as-a-Service contracts that eliminate up-front capital expenditure for customers. With demand rising amid permitting delays and grid constraints, L-Charge plans to expand its national installation footprint and introduce additional product categories, particularly enlarging its portfolio of off-grid chargers. The newly secured capital will also fund growth of sales, operations, and customer-support teams to manage increasing project volumes. Although no revenue or user metrics were disclosed, management describes the company as entering a “next phase of growth,” underpinned by accelerating fleet electrification trends.

Led · Equity · Oct 2023

Palladium Energy develops utility-scale solar and energy-storage projects across the U.S. The company focuses on originating, acquiring and developing high-quality solar and storage assets. It plans to use recent capital to accelerate growth of its team and development pipeline. The leadership team has more than 48 years of collective experience in power generation and has developed and financed projects totaling 6.9 gigawatts and $2.8 billion. Led by CEO Danny Weidlich, the co-founders have experience across renewable and conventional technologies including solar, wind, gas and biomass. Palladium was founded in 2019 and operates from Jacksonville, Florida.

Led · Series B · Jun 2023

On.Energy is a fully integrated energy storage solutions provider and independent power producer that designs, finances, builds and operates battery energy storage projects. Leveraging its proprietary On.Command AI energy management platform, the company delivers turnkey systems that support peak shaving, energy arbitrage, frequency regulation, backup power and microgrid operations for utilities and commercial-industrial customers. The firm currently owns and operates 80 MWh of storage assets in Houston and has structured project-finance credit solutions for more than 240 MWh within the past 12 months. Its forward pipeline exceeds 2 GWh of storage scheduled for activation by 2028 across California, Texas and Mexico. On.Energy’s integration revenues doubled from 2023 to 2024, underscoring rapid commercial growth. The business runs from headquarters in Miami with additional offices in Texas, California, Mexico, Peru and Chile.

Participated · Equity · Feb 2022

Aspen Power develops, constructs, owns, and operates renewable energy assets with an emphasis on community solar, commercial and industrial installations, small utility-scale solar, and energy-storage projects. The company positions itself as a distributed generation platform provider, aiming to streamline clean-energy deployment for diverse customers. Over the past year it expanded its footprint with new projects in New York, Illinois, New Jersey, and Pennsylvania, deepening its presence in its core regional markets. Co-founded and led by CEO Jorge Vargas and CFO Bill DeLong, Aspen Power is focused on scaling its platform nationwide. The firm plans to leverage its asset ownership model to accelerate project development and vendor engagement. A recent $200 million strategic capital commitment from Deutsche Bank will bolster Aspen Power’s financial capacity, enabling increased development activity and larger-scale project deployment. While specific revenue or user metrics were not disclosed, the sizable capital infusion underscores investor confidence in the company’s growth trajectory.