Daylight has successfully raised $75 million to develop a decentralized energy network, merging decentralized finance (DeFi) with real-world electricity infrastructure. This funding is significant as it not only supports innovative energy solutions but also highlights the growing intersection of finance and sustainable energy, paving the way for more efficient and accessible energy systems.

Daylight has successfully raised $75 million to develop a decentralized solar energy grid, addressing the significant barrier of high upfront costs associated with solar panel and battery installation. This funding is crucial as it paves the way for broader adoption of solar energy, making it more accessible to individuals and communities. By removing financial obstacles, Daylight aims to accelerate the transition to renewable energy sources, which is vital for combating climate change and promoting sustainability.