Span.io, the smart electrical panel startup founded by Tesla Energy’s former head of products, has announced that it has doubled its Series B funding round to $96 million. This brings their total raised capital to date up to $150 million and further cement Span as a leader in the home energy management space.
The additional funds will be used for product development and expansion into new markets around the world. With this injection of capital, Span plans on leveraging its technology platform to provide customers with an even better experience when managing their home energy needs. The company is also looking at ways it can use artificial intelligence (AI) and machine learning (ML) technologies within its system to improve customer service capabilities while still providing reliable power solutions for homes everywhere.
This latest investment shows strong faith from investors that Span’s innovative approach towards creating smarter electricity panels is one worth investing in now – and well into the future too! As they continue expanding across global markets, we are sure that many more people will soon benefit from having access to such advanced technology right inside their own homes – making life easier than ever before!
Read more at Axios