💰The Funding Letter #1389: April 5

Pigment, Aerospike, Coalesce, and more...

April 05, 2024

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Happy Friday! This exclusive edition of The Funding Letter comes to you from our headquarters in New York City. Have a great weekend!

Hit the Gong 🎉

Source: @crushing_quota

Daily Deals 💸

🌎 Americas

Recurrent Energy is a renewable energy company specializing in developing locally-sited solar power systems, selling clean electricity to customers worldwide at competitive rates via a Power Purchase Agreement or Feed-in Tariffs. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: €110M, Debt Financing

Round Investors: Investec (lead)

🚀Growth Focus: Support it in the execution of its global solar PV and energy storage project pipeline, as it transitions to become an IPP and accelerates its growth strategy.

HQ: Austin, TX

Industry: Renewable Energy Power Generation

Employee Count: 564 (⚡18% increase in last 6 months)

Aerospike has developed a database platform that helps industries in scaling data, enabling clients to consolidate and streamline their digital data infrastructure. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $109M, Venture - Series Undisclosed

Round Investors: Sumeru Equity Partners (lead), Alsop Louie Partners

🚀Growth Focus: Accelerate innovation and go-to-market capabilities for its core transaction, analytics, and AI solutions, including vector and graph databases.

HQ: Mountain View, CA

Industry: Software Development

Employee Count: 246

🔥Open Sales Gigs: Currently Hiring

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