# Pando Electric funding: rounds and investors

> Pando Electric has raised $5.4M across 1 round since 2025. Investors include UpHonest Capital and California Energy Commission. Every round with its source.

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

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

# Who invested in *Pando Electric*

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

Cleantech

Funding summary Updated 26 Oct 2026

**$5.4M** raised across 1 round since 2025, from 1 source

- **Latest round:** Grant, $5.4M Apr 2025
- **Investors:** 2

See who backed them

## The rounds

- **Apr 2025** Grant **$5.4M** [UpHonest Capital](https://millionrounds.com/fund/uphonest-capital) [California Energy Commission](https://millionrounds.com/fund/california-energy) Source recorded

## Founders and team

From Pando Electric's own website: 3 founders, 1 on the team.

**Aaron Li** Co-Founder & Chief Executive Officer

**John Zhou** Co-Founder & Head of Operations

**Yifan Zhang** Co-founder & Head of Product and Engineering

- **Peter Yaskowitz** Chief Marketing Officer

## Everyone who backed them

[UpHonest Capital](https://millionrounds.com/fund/uphonest-capital) VC firm **1** round

[California Energy Commission](https://millionrounds.com/fund/california-energy) Government **1** round

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

## Quick answers about Pando Electric

### Who invested in Pando Electric?

Pando Electric's investors include UpHonest Capital and California Energy Commission.

### How much has Pando Electric raised?

Pando Electric has raised $5.4M across 1 round since 2025.

### When did Pando Electric last raise?

Pando Electric's most recent round was a Grant of $5.4M in Apr 2025.

### What was Pando Electric's biggest round?

Its most recent round, $5.4M in Apr 2025, is also its largest on record.

### Who backed Pando Electric first?

Pando Electric's first round on record, in Apr 2025, was backed by UpHonest Capital and California Energy Commission.

### What stage is Pando Electric at?

Pando Electric's latest named round is a Grant, in Apr 2025.

### Where is Pando Electric based?

Pando Electric is based in the United States.

## Companies like Pando Electric

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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