On April 14, 2021, Coatue Management LLC, a global investment manager focused on public and private companies in the technology, media and telecommunications industries, announced their investment in dcbel’s C$40 million funding.
The funding also included investments from Real Ventures, WTI and Narrative Fund.
dcbel’s AI-driven sustainable technologies enable people to leverage solar energy to power their cars, their homes and their lifestyles.
This investment will allow dcbel to bring smart home energy appliances to market with their r16, an EV supercharging, blackout power, and solar charging all rolled into one smart home appliance.
A Fasken team composed of Jean-François Séguin and Dan Su advised Coatue Management LLC in connection with their investment.
Jurisdiction
- Québec