Daylight raises $75 million to turn homes into solar power plants. Emanuela Hawker October 17, 2025 Decentralized energy company Daylight Energy announced that it has raised $75 million to grow its decentralized energy network that allows homeowners to generate and share power. Founded in 2022, New York-based Daylight offers a decentralized energy model that enables help homeowners reduce energy bills and stay powered during outages, using a solar and battery storage installation that sends excess energy from the home back into the grid. By subscribing to Daylight's energy service, homeowners can receive solar panels and battery storage at a cheaper rate than they would through traditional utilities. In return, Daylight aggregates stored energy from batteries and sells it back to the grid during peak demand periods, sharing the proceeds with participants. Daylight said it aims to reduce the high marketing and financing costs that slow residential solar adoption, using decentralized finance to align incentives and reward participation. The company also issues 'Sun Points' to homeowners for supporting network growth and plans to introduce a network token in the future. The company has launched DayFi, a new yield protocol that allows investors to earn returns linked to electricity revenues from the company's expanding solar and storage portfolio. Daylight Energy is currently funding subscriptions in Illinois and Massachusetts, and the company said that the new financing will enable the company to bring more homes online, as well as to strengthen the DayFi financial protocol, and scale its distributed energy model. "To build the largest decentralized energy network in the world, you need to incentivize the behavior change to adopt distributed energy and catalyze a huge amount of capital behind it. Crypto is uniquely good at doing those two things, and creates opportunities to align incentives, drive down costs and rebuild this industry on a foundation of transparency, ownership and shared economic upside." The new capital includes $15 million in equity led by Framework Ventures, with backing from a16z crypto, Lerer Hippeau, M13, Room40 Ventures, EV3, Crucible Capital, Coinbase Ventures and Not Boring Capital, as well as $60 million project development facility was led by Turtle Hill Capital. "This is a dream project for a creative finance team, combining a novel business model, with purpose built specialty credit to accelerate distributed energy deployment. The stakes and potential impact are even more profound in a moment when traditional subsidy models face real uncertainty and change."

Daylight depin raises $75M to power decentralized solar energy grid. Daylight removes the high upfront cost of installing solar panels and batteries, which has impeded the adoption of solar energy. Daylight, a decentralized physical infrastructure network (DePIN) project focused on creating a distributed solar energy grid, has raised $75 million to expand its network of solar coverage in the United States. Daylight offers solar power as a subscription-based service to customers, removing the high upfront cost of purchasing and installing panels and batteries, which can cost consumers over $30,000. The project's testnet went live in 2024. The network generates revenue through its subscription-based energy service and by feeding excess energy back to the power grid. Customers share in the revenues by earning "sun points" for contributing to the decentralized solar grid, with plans to introduce a token in the future. The funding round includes venture capital firms Framework Ventures, a16z Crypto, Lerer Hippeau, M13, Room40 Ventures, EV3 and Turtle Hill Capital, according to an announcement from Daylight. DePINs showcase how decentralized technology can have real-world use cases through aligning customer and business incentives to create robust community-owned infrastructure that parallels the centralized, legacy system. The current energy grid can't handle high-performance computing needs. Artificial intelligence data centers and other high-performance computing facilities such as crypto miners require significant energy input, which places strain on the power grid. The increased demand from the tech sector could also raise prices for consumers. Wholesale energy prices in proximity to data centers have surged a whopping 267% since 2020, according to Bloomberg. AI training and the centralized data centers that power AI could trigger a global energy crisis, Greg Osuri, founder of Akash Network, an open-source marketplace where users can provide and purchase computing power, told Cointelegraph. The solution to this is to decentralize the data center business by pulling computing power from distributed sources, including consumer-grade personal computers equipped with graphics cards and enterprises running industrial-grade computer processors. "Once incentives are figured out, this will take off like mining did," he told Cointelegraph in September. Tech behemoths like Google, Amazon, Meta and Microsoft are already exploring alternative energy sources to fuel their AI data centers and reduce reliance on the electrical grid. Amazon signed a deal with Talen Energy in June for 1,920 megawatts (MW) of nuclear power for its AI data centers and service facilities in Pennsylvania.