Tioga Energy, Inc. announced it launched the company with its initial funding round of $10 million.
The company provides a total solar PV solution, including large scale financing solutions, partnering with top-tier installers and integrators to build on-site solar facilities, and the management and support required to make clean energy as seamless and easy as writing a check for a monthly electricity bill.
NGEN Partners, Draper Fisher Jurvetson, Rockport Capital, DFJ Frontier and Kirlan Ventures were among the venture capital investors.
“We are very excited to help support Tioga Energy with this early-round financing opportunity,” said Steve Parry, a partner with NGEN Partners. “Organizations are struggling to go greener while respecting the bottom line, and a company like Tioga Energy is positioned to be there to help them quickly ramp up with clean and reliable power solutions built for the long-haul,” he said.
“We invest in those companies we see as being industry-changing catalysts,” added Draper Fisher Jurvetson’s Managing Director, Raj Atluru.
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