Haven Energy Secures $40 Million Funding From Giant Ventures, Turtle Hill, And Others To Scale Solar, Battery, And Distributed Energy Resources

Haven Energy, an energy technology company leading the modernization of America’s grid infrastructure through the deployment and aggregation of distributed energy resources (DERs), today announced a $40 million funding raise. The round includes equity financing led by Giant Ventures, a debt facility from Turtle Hill, and additional equity participation from California Infrastructure Bank, Carnrite Ventures, Chaac Ventures, Comcast Ventures, and Lerer Hippeau. The new capital will accelerate Haven’s partnerships with utility companies and community choice aggregators (CCAs), expand its leasing model and Channel Partner Program for local installers, and support the continued expansion of one of the nation’s largest virtual power plant (VPP) networks.

Vinnie Campo, Co-Founder and CEO of Haven Energy, highlighted the company’s pivotal role in the ongoing transformation of America’s power system. “We’re in the middle of a generational rebuild of America’s power system, and it’s moving faster than anyone expected,” he said. “Solar and home batteries are redefining energy delivery, providing cleaner, cheaper, and more resilient power than ever before. Haven is scaling that transformation from the ground up, turning every home into the foundation of a smarter grid. Through partnerships with utilities and local installers, we are expanding faster than traditional infrastructure ever could. The future of power isn’t years away. We’re building it now.”

U.S. energy demand is projected to increase by 15% by 2030, outpacing the construction of new generation and transmission infrastructure. This imbalance could result in higher costs, more frequent outages, and increased strain on the grid. Haven addresses these challenges by deploying home solar and battery systems in collaboration with utilities, providing flexible, localized capacity that strengthens the grid and helps reduce energy costs.

Currently, Haven has installed more than 10 MW of distributed capacity, with over 50 MW planned for 2026 and more than $75 million in projects in the pipeline. This capacity supports both Haven’s growing VPP network and the utility-run programs that Haven implements on behalf of its partners. Existing utility partners include the Electric Power Research Institute (EPRI), Clean Power Alliance (CPA), San Jose Clean Energy (SJCE), Clean Energy Alliance (CEA), and Peninsula Clean Energy (PCE).

Jeff Chapin, Co-Founder of Haven Energy, emphasized the importance of close collaboration with utilities. “Our utility partnerships will form the backbone of how we scale distributed capacity nationwide,” he said. “While distributed generation has often been seen as separate from utilities, the future requires cooperation to maximize the grid value of these assets, particularly energy storage. Working with utilities is no longer optional—it’s essential. Haven has refined this model through multiple successful collaborations, demonstrating how quickly distributed capacity can scale when stakeholders are aligned. We’re now building on that success to help our partners lower costs and strengthen grid resilience faster than ever.”

Tommy Stadlen, Co-Founder of Giant Ventures, noted, “We’re witnessing one of the largest energy buildouts in a generation, and companies that can scale quickly will define it. Haven is at the forefront of this transformation, expanding grid capacity faster than traditional infrastructure, creating innovative models for access, and connecting more homes into intelligent energy assets.”

Zeev Krieger, CEO of Turtle Hill Capital, added, “Haven demonstrates how distributed energy generation and storage can scale rapidly when financing aligns with deployment realities. Their approach is helping bring resilient, reliable power online at a time when the grid needs it most.”

The funding will also support the growth of Haven’s leasing model and Channel Partner Program, enabling trusted local installers to offer Haven’s solar and battery systems directly to homeowners. Haven manages financing, operations, and performance, allowing installers to focus on the installation process while integrating the systems into the company’s VPP.