Evergrow, the all-in-one platform for clean energy tax credits, has announced a $7M second round of financing.

Evergrow, the all-in-one platform for clean energy tax credits, has announced a $7M second round of financing.   The round was led by investors First Round Capital, XYZ Venture Capital, Congruent Ventures, and Garuda Ventures.  The company partners with project developers, corporations, and financial institutions to make it easy to unlock funding for decarbonization.  The additional funding will be used to build out the platform's due diligence process, risk management and underwriting, and transactional bandwidth.  Evergrow currently has over $150M worth of clean energy projects and tax credits live on its platform.  The momentum comes after The Inflation Reduction Act allocated hundreds of billions of dollars toward investment in clean energy, which helped fuel investment in the clean energy space.  The company has raised a total of $14M in funding to date.