Arcadia, the technology company working with energy innovators to fight the climate crisis, has raised $200 million in a funding round.
The round was led by an inaugural investment from JP Morgan Asset Management’s Sustainable Growth Equity Team.
The financing round features a series of new investors, including JP Morgan’s recently launched Sustainable Growth Equity Team, with participation from additional new partners Keyframe Capital, Broadscale Group, and Triangle Peak Partners, and existing partners Camber Creek, Tiger Global Management, Wellington Management, Salesforce Ventures, and Drawdown Fund.
