Best Business Loans for Tech Companies in the US (2026 Guide to Fast Startup Funding)
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Detroit-based startup Pearl Edison raises .3M in utility-backed funding to expand its home energy efficiency upgrade platform through strategic utility partnerships.
DETROIT, MI – August 2025 – Pearl Edison, a Detroit-based clean energy startup, has closed a $3.3 million funding round to expand its platform for home energy efficiency upgrades. The round, backed by leading utility partners, underscores the growing momentum behind tech-enabled climate solutions for underserved residential markets.
Pearl Edison was founded with a mission to make sustainable home upgrades affordable and accessible. By partnering with local utilities, the company helps homeowners unlock personalized upgrades that lower energy bills and carbon footprints—from insulation and HVAC improvements to smart thermostats and efficient appliance replacements.
Through streamlined access to utility incentives, Pearl Edison removes the friction often faced by homeowners, turning climate action into a simple, cost-saving decision.
The new capital will fuel expansion into the Midwest and Southeast, while also:
Scaling its engineering and installation network
Deepening integrations with utility programs
Enhancing its tech platform to improve consumer adoption
Investors in the round include climate-focused funds and utility innovation arms, signaling strong institutional support for clean energy adoption at the residential level.
Residential energy efficiency is a cornerstone of decarbonization—yet older housing stock across U.S. urban centers remains underserved. By leveraging utilities as partners, Pearl Edison is bridging the gap between technology, service providers, and the energy grid.
“Utilities are uniquely positioned to scale decarbonization in American homes, and we’re building the bridge between tech, service providers, and the energy grid,” said Pearl Edison’s CEO.
As energy resilience and sustainability become top priorities for households, Pearl Edison’s utility-backed model could play a critical role in accelerating adoption nationwide.
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