ConnectDER, a home energy technology company, has raised $35 million in Series D funding to advance its market expansion and product innovation efforts.
The funding supports the launch of ConnectDER’s next-generation Meter Socket Adapter (MSA), the IslandDER. This device is designed to integrate seamlessly with the utility grid, enabling the islanding of electric vehicles (EVs), battery storage, solar power, and other distributed energy resources to provide whole-home backup and enhanced resiliency.
In the US, 60 million homes lack the capacity for EV charging, solar, or resilient energy solutions without costly equipment upgrades. ConnectDER’s products, which can be installed in minutes and cost a fraction of traditional upgrades, remove significant barriers to adoption. They also streamline installations, reduce errors, and create entry-level job opportunities that support domestic job growth.
The funding round was led by Decarbonization Partners, a collaboration between BlackRock and Temasek, with additional participation from MassMutual Ventures and existing investors Avista Development, Clean Energy Ventures, Energy Innovation Capital, Evergy Ventures, LG Technology Ventures, and Zoma Capital.
ConnectDER plans to use this investment to expand its market reach, scale manufacturing, and continue innovating to lower energy costs, improve domestic career opportunities, and strengthen US energy competitiveness. With over 25,000 adapters already in operation and approval for use in multiple states, ConnectDER aims to achieve nationwide availability in the near future.
Filed Under: Charging, Technology News