TLDR
- Daylight closed a $75 million funding round combining equity investment and project financing for its decentralized solar network
- Framework Ventures led a $15 million equity round while Turtle Hill Capital provided $60 million in project financing
- The platform eliminates $30,000+ upfront solar installation costs through a subscription-based model
- Users earn sun points for contributing excess energy to the grid with future token rewards planned
- The DayFi protocol converts electricity into an on-chain tradeable asset for DeFi investors
A decentralized solar energy company has closed a $75 million funding round to expand its blockchain-powered electricity network across the United States. Daylight announced the raise on October 16, 2025.
The funding splits into two components. Framework Ventures led a $15 million equity investment. Turtle Hill Capital contributed $60 million in project financing.
Additional investors include a16z Crypto, M13, EV3 Ventures, Lerer Hippeau, and Room40 Ventures. The capital will fund expansion of the Daylight Network infrastructure.
Removing Barriers to Solar Adoption
Traditional solar panel installations create a financial barrier for most homeowners. The upfront cost for panels and battery systems exceeds $30,000 in many cases.
Daylight’s subscription model removes this obstacle. Customers pay monthly fees instead of large initial investments. The company handles installation and maintenance.
The business model generates revenue through two streams. Customer subscriptions provide steady income. Excess energy fed back to the power grid creates additional revenue.
Customers who contribute energy earn sun points as rewards. The company plans to launch a cryptocurrency token in the future. The testnet launched in 2024.
The DayFi Protocol and On-Chain Energy
The DayFi protocol sits at the core of Daylight’s technology. This decentralized finance system treats electricity as a tradeable digital asset.
Investors can gain exposure to energy generation through blockchain technology. The company calls this approach transforming electrons into digital commodities.
The platform operates as a decentralized physical infrastructure network. These DePIN projects create community-owned systems that run parallel to traditional centralized infrastructure.
Users both contribute to and profit from the distributed power grid. The network scales through community participation rather than centralized control.
Energy Crisis and Tech Industry Demand
The traditional power grid faces mounting pressure from technology companies. Artificial intelligence data centers require massive amounts of electricity. Cryptocurrency mining operations add to the demand.
Bloomberg data shows wholesale energy prices near data centers jumped 267% since 2020. This surge threatens to increase costs for all electricity consumers.
Major technology companies are seeking alternatives. Amazon secured 1,920 megawatts of nuclear power from Talen Energy in June. The deal supports Amazon’s AI data centers in Pennsylvania.
Google, Microsoft, and Meta are exploring similar options. These companies want to reduce dependence on traditional electrical grids.
Greg Osuri, founder of computing marketplace Akash Network, warned that centralized AI data centers could create a global energy crisis. He advocates for decentralized computing power drawn from distributed sources.
Decentralized solutions pull processing power from consumer computers and enterprise systems. This approach spreads energy consumption across multiple locations rather than concentrating it in massive data centers.
Daylight’s distributed solar network addresses these challenges. The system connects renewable energy generation directly to areas with high demand. The blockchain infrastructure enables transparent tracking and fair compensation for energy contributors.
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