Overview

• The financing combines $15 million in equity led by Framework Ventures with $60 million in non‑recourse project funding led by Turtle Hill Capital.
• Investors in the equity round include a16z Crypto, Coinbase Ventures, Lerer Hippeau, M13, Room40 Ventures, EV3, Crucible Capital, and Not Boring Capital.
• DayFi will enable DeFi participants to earn yields linked to electricity revenues from Daylight’s residential solar and battery assets.
• Daylight’s network connects thermostats, home batteries, EVs, and solar inverters, rewarding participants and pooling storage into a virtual power plant for peak demand events.
• Pilots are active in Illinois and Massachusetts using direct origination and local installer partnerships, and the company says DeFi-based financing rollout is planned next quarter.