Daylight has raised $75 million to transform how homes connect to the power grid—leveraging crypto-based incentives instead of relying solely on traditional infrastructure upgrades.
Funding Overview
The total funding package includes $15 million in equity led by Framework Ventures and a $60 million project financing facility handled by Turtle Hill Capital. The round also attracted participation from top investors such as a16z Crypto and Coinbase Ventures.
How the System Operates
Daylight utilizes DeFi (decentralized finance) principles to connect home solar panels and battery systems into a shared decentralized energy network. This setup enables homeowners to earn rewards for stabilizing the power grid. Beyond lowering energy costs, households can also generate income by supplying stored electricity back to the system when demand rises.
Solving Energy Inefficiencies
The company seeks to address two major challenges in today’s energy landscape—the high cost of solar adoption and the growing stress on centralized utilities. Around 60% of residential solar expenses are often spent on marketing and customer acquisition, which delays savings. At the same time, traditional energy providers are struggling to keep up with rising demand using outdated, centralized models.
A Smarter Revenue Approach
Daylight’s dual-revenue framework provides homeowners with steady, lower-cost monthly energy plans. Meanwhile, it aggregates excess power stored across thousands of households into a virtual power plant. This collective energy reserve can be deployed during peak hours to support the grid and earn additional profits shared across the network’s participants.
Powering Participation with Crypto Rewards
By embedding crypto incentives into its model, Daylight transforms energy users into active contributors to a stable and sustainable power grid. This blockchain-based reward system not only promotes cleaner energy use but also delivers tangible financial benefits to participants.
Looking Ahead
The company has begun pilot programs in Illinois and Massachusetts through collaborations with local solar providers. Backed by its new funding, Daylight plans to roll out DeFi-powered financing solutions that link household energy assets with global capital markets—enabling real-time, decentralized energy trading.
Overall, Daylight’s innovative crypto-energy model is redefining how homeowners interact with power systems—making energy management smarter, greener, and financially rewarding.
