# Persistent Energy Capital LLC funding: rounds and investors

> Persistent Energy Capital LLC has raised $18M across 2 rounds since 2020. Investors include FSD Africa Investments, Kyuden International Corporation and BK...

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

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

# Who invested in *Persistent Energy Capital LLC*

2 rounds we have observed, with the 6 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.

Automotive & EVs Cleantech Climate Tech Construction

Funding summary Updated 26 Oct 2026

**$18M** raised across 2 rounds since 2020, from 3 sources

**$8.0M** Series B **$10M** Series C

- **Latest round:** Series C, $10M Jul 2022
- **Led by:** FSD Africa Investments and Kyuden International Corporation
- **Step-up i:** 1.3×
- **Investors:** 6 (2 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.

2020 2021 2022

**$8.0M** Series B

**$10M** Series C

- **First round:** Series B, $8.0M
- **Biggest round:** $10M
- **Between rounds:** 2.3 years

## The rounds

- **Jul 2022** Series C **$10M** *5 new* [FSD Africa Investments](https://millionrounds.com/fund/fsd-africa-investments) Lead [Kyuden International Corporation](https://millionrounds.com/fund/kyuden-international-corporation) Lead [BK Ventures BV](https://millionrounds.com/fund/bk-ventures-bv) [DPI Energy Ventures Pte. Ltd](https://millionrounds.com/fund/dpi-energy-ventures-pte-ltd) [Mr. Kotaro Tamura](https://millionrounds.com/fund/mr-kotaro-tamura) Reported by Firms' own news pages and 1 other
- **Feb 2020** Series B **$8.0M** *1 new* [Dream Project Incubators (DPI)](https://millionrounds.com/fund/dream-project-incubators-dpi) Reported by Firms' own news pages

## 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 B** 2020 **Series C** 2022 [FSD Africa Investments](https://millionrounds.com/fund/fsd-africa-investments) L [Kyuden International Corporation](https://millionrounds.com/fund/kyuden-international-corporation) L [BK Ventures BV](https://millionrounds.com/fund/bk-ventures-bv) [DPI Energy Ventures Pte. Ltd](https://millionrounds.com/fund/dpi-energy-ventures-pte-ltd) [Dream Project Incubators (DPI)](https://millionrounds.com/fund/dream-project-incubators-dpi) [Mr. Kotaro Tamura](https://millionrounds.com/fund/mr-kotaro-tamura)

## Everyone who backed them

[FSD Africa Investments](https://millionrounds.com/fund/fsd-africa-investments) Investment firm **1** round, led 1

[Kyuden International Corporation](https://millionrounds.com/fund/kyuden-international-corporation) Growth equity **1** round, led 1

[BK Ventures BV](https://millionrounds.com/fund/bk-ventures-bv) Growth equity **1** round

[DPI Energy Ventures Pte. Ltd](https://millionrounds.com/fund/dpi-energy-ventures-pte-ltd) Growth equity **1** round

[Dream Project Incubators (DPI)](https://millionrounds.com/fund/dream-project-incubators-dpi) Growth equity **1** round

[Mr. Kotaro Tamura](https://millionrounds.com/fund/mr-kotaro-tamura) Growth equity **1** round

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

## Quick answers about Persistent Energy Capital LLC

### Who invested in Persistent Energy Capital LLC?

Persistent Energy Capital LLC's investors include FSD Africa Investments, Kyuden International Corporation, BK Ventures BV, DPI Energy Ventures Pte. Ltd and Dream Project Incubators (DPI), and 1 more on record. FSD Africa Investments led its latest round.

### How much has Persistent Energy Capital LLC raised?

Persistent Energy Capital LLC has raised $18M across 2 rounds since 2020.

### When did Persistent Energy Capital LLC last raise?

Persistent Energy Capital LLC's most recent round was a Series C of $10M in Jul 2022, led by FSD Africa Investments.

### What was Persistent Energy Capital LLC's biggest round?

Its most recent round, $10M in Jul 2022, is also its largest on record.

### Who backed Persistent Energy Capital LLC first?

Persistent Energy Capital LLC's first round on record, in Feb 2020, was backed by Dream Project Incubators (DPI).

### What stage is Persistent Energy Capital LLC at?

Persistent Energy Capital LLC's latest named round is a Series C, in Jul 2022.

### Where is Persistent Energy Capital LLC based?

Persistent Energy Capital LLC is based in the United States.

### Who led Persistent Energy Capital LLC's rounds?

FSD Africa Investments led the Series C in 2022.

## Companies like Persistent Energy Capital LLC

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

[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**LanzaJet** $67M · Oct 2026](https://millionrounds.com/company/lanzajet)[**Pivot Energy** $500M · Oct 2026](https://millionrounds.com/company/pivot-energy)[**Pennsylvania American Water** $43M · Oct 2026](https://millionrounds.com/company/pennsylvania-american-water)[**ZwitterCo** $58M · Oct 2026](https://millionrounds.com/company/zwitterco)

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