# Dandelion Energy funding: rounds and investors

> Dandelion Energy has raised $56M across 2 rounds since 2019. Investors include New Enterprise Associates, ZhenFund and GV. Every round with its source.

Source: https://millionrounds.com/company/dandelion-energy (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Dandelion Energy*

2 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cleantech

Raised 4 months ago

Funding summary Updated 26 Oct 2026

**$56M** raised across 2 rounds since 2019, from 2 sources

**$16M** Series A **$40M** Grant

- **Latest round:** Grant, $40M Jul 2026
- **Step-up i:** 2.5×
- **Investors:** 9 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2019 2020 2021 2022 2023 2024 2025 2026

**$16M** Series A

**$40M** Grant

- **First round:** Series A, $16M
- **Biggest round:** $40M
- **Between rounds:** 7.4 years

[**Dandelion Energy** Cleantech 1 / 15 Their pitch deck **Dandelion Energy's pitch deck, 15 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/dandelion-energy)

## The rounds

- **Jul 2026** Grant **$40M** *2 new* *2 returning* [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [BoxGroup](https://millionrounds.com/fund/boxgroup) [ZhenFund](https://millionrounds.com/fund/zhenfund) [Breakthrough Energy](https://millionrounds.com/fund/breakthrough-energy) Source recorded
- **Feb 2019** Series A **$16M** *7 new* [GV](https://millionrounds.com/fund/gv-8) Lead [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [ZhenFund](https://millionrounds.com/fund/zhenfund) [Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) [GroundUp](https://millionrounds.com/fund/groundup) [Lennar Corporation](https://millionrounds.com/fund/lennar-corporation) Comcast Ventures/ GV Reported by TechCrunch SEC filing: $16M sold, first sale Feb 2019

## Founders and team

From Dandelion Energy's own website and the SEC filings it signed: 1 founder, 8 on the team.

**Kathy Hannun** Founder & CTO

- **Dan Yates** CEO
- **Donald Saelinger** President
- **Alex Menke** VP Drilling Operations
- **Mike Russo** VP Finance
- **Ryan Palacheck** VP Customer Success
- **Pete Curtice** Board of Directors
- **Kathleen Hannun** Executive Officer, Director i
- **Michael Sachse** Executive Officer, Director i

On the board, as filed i *Daniel Yates* *Elizabeth Wayman* *Erik Nordlander* *Maritza Liaw* *Scott Rednor*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2019 **Grant** 2026 [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [ZhenFund](https://millionrounds.com/fund/zhenfund) [GV](https://millionrounds.com/fund/gv-8) L [BoxGroup](https://millionrounds.com/fund/boxgroup) [Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) [Breakthrough Energy](https://millionrounds.com/fund/breakthrough-energy) [GroundUp](https://millionrounds.com/fund/groundup) [Lennar Corporation](https://millionrounds.com/fund/lennar-corporation) Comcast Ventures/ GV

## Everyone who backed them

[New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) VC firm **2** rounds

[ZhenFund](https://millionrounds.com/fund/zhenfund) VC firm **2** rounds

[GV](https://millionrounds.com/fund/gv-8) Angel **1** round, led 1

[BoxGroup](https://millionrounds.com/fund/boxgroup) VC firm **1** round

[Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) VC firm **1** round

[Breakthrough Energy](https://millionrounds.com/fund/breakthrough-energy) VC firm **1** round

[GroundUp](https://millionrounds.com/fund/groundup) VC firm **1** round

[Lennar Corporation](https://millionrounds.com/fund/lennar-corporation) Investment firm **1** round

Comcast Ventures/ GV no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=dandelion-energy).

## Also claim to have backed them

These 5 firms list Dandelion Energy as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Comcast Ventures](https://millionrounds.com/fund/comcast-ventures) Corporate VC Per its own site

[Ground Up Ventures](https://millionrounds.com/fund/ground-up-ventures) VC firm Per its own site

[Indicator Fund](https://millionrounds.com/fund/indicator-fund) VC firm Per its own site

[Cool Climate Collective](https://millionrounds.com/fund/cool-climate-collective) Angel network Per its own site

[RM Venture Partners](https://millionrounds.com/fund/rm-venture-partners) VC firm Per its own site

## Quick answers about Dandelion Energy

### Who invested in Dandelion Energy?

Dandelion Energy's investors include New Enterprise Associates, ZhenFund, GV, BoxGroup and Collaborative Fund, and 4 more on record.

### How much has Dandelion Energy raised?

Dandelion Energy has raised $56M across 2 rounds since 2019.

### When did Dandelion Energy last raise?

Dandelion Energy's most recent round was a Grant of $40M in Jul 2026.

### What was Dandelion Energy's biggest round?

Its most recent round, $40M in Jul 2026, is also its largest on record.

### Who backed Dandelion Energy first?

Dandelion Energy's first round on record, in Feb 2019, was backed by GV, New Enterprise Associates and ZhenFund and 4 others.

### What stage is Dandelion Energy at?

Dandelion Energy's latest named round is a Grant, in Jul 2026.

### Where is Dandelion Energy based?

Dandelion Energy is based in the United States.

### Who led Dandelion Energy's rounds?

GV led the Series A in 2019.

## Companies like Dandelion Energy

In the same sector, and raised in the last eighteen months.

[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**LanzaJet** $67M · Oct 2026](https://millionrounds.com/company/lanzajet)[**Pivot Energy** $500M · Oct 2026](https://millionrounds.com/company/pivot-energy)[**Peak Energy** $163M · Oct 2026](https://millionrounds.com/company/peak-energy)[**Renew** $207M · Oct 2026](https://millionrounds.com/company/renew)[**Optivolt** $37M · Oct 2026](https://millionrounds.com/company/optivolt)

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