Dandelion Energy, the nation’s leading home geothermal company, today announced the closure of a $40M Series C funding round led by GV (Google Ventures) and supported by Collaborative Fund, LenX, Breakthrough Energy Ventures, and NGP. The investment round will fuel the company’s two-pronged nationwide expansion: distributing its revolutionary heat pump technology to installers and homeowners, and implementing large projects for production home builders and multifamily developers. This fundraise follows the company’s $70M Series B1 funding completed in 2022, and founder Kathy Hannun’s inclusion on CNBC’s inaugural Changemakers List, and new Chief Revenue Officer, Lauren Howard, joining the team in 2024.

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