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Decentralization energy network Daylight completed a total financing of 75 million USD.
Golden Finance reported that the decentralized energy network Daylight announced the completion of a $15 million equity financing, led by Framework Ventures, with participation from a16z crypto, Lerer Hippeau, M13, Room40 Ventures, EV3, Crucible Capital, Coinbase Ventures, and Not Boring Capital. In addition, it has secured $60 million in project development funding led by Turtle Hill Capital. The company plans to use this funding to build a cryptocurrency-driven distributed energy network and explore the launch of an energy infrastructure-based yield protocol, DayFi.