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![](https://www.pinterest.com/pin/create/button/?url=https://econotimes.com/Recent-Funding-Rounds-Showcase-Growth-in-Renewable-Energy-and-DeFi-Startups-1692685/&media=https://www.econotimes.com/assets/images/econotimes/metaDefault.png&description="Recent Funding Rounds Showcase Growth in Renewable Energy and DeFi Startups" - EconoTimes)
Glow, a solar company that uses blockchain technology, has raised $30 million in a recent funding round. This round was mainly led by Framework Ventures and Union Square Ventures. The announcement, made on October 31, 2024, emphasizes Glow's goal of using decentralized systems to provide solar energy instead of traditional electricity from the grid.
Investors- FrameWork ,USV
Ellipsis Labs
Amount Raised: $21 million
Date: November 1, 2024
Lead Investor: Haun Ventures
Ellipsis Labs is a startup based in New York that is working on new products in the decentralized finance (DeFi) sector. The company wants to build a strong and sustainable foundation for finance using its apps and infrastructure.
Citrea
Amount Raised: $14 million
Date: October 31, 2024
Stage: Series A
Lead Investor: Founders Fund (Peter Thiel)
Sapien
Funding Amount: $10.5 million
Date Announced: October 30, 2024
Lead Investor: Variant
Other Investors: Yield Guild Games, Animoca Ventures, Primitive Ventures, HFØ
