Boldr Raises Oversubscribed $3.2M Seed Round to Turn American Homes Into Residential Power Plants

London, United Kingdom - Boldr, an energy tech company pioneering a residential power plant to support an energy grid under increasing pressure, today announced it has raised an oversubscribed $3.2 million seed round. The funding will accelerate Bold's mission to transform homes into active participants in the grid, helping homeowners cut costs while

enabling grid operators to keep up with soaring demand. The round included participation from leading Venture Capital funds across North America and Europe, including Unconventional Ventures, Ada Ventures, Inclimo Climate Tech Fund, Prosegur, Techstars, S20 Fund, and Viva Holdings - the latter being the owner of a leading HVAC contractor brand and a Boldr customer. Boldr is already backed by leading industry figures, including the former Head of Manufacturing at Tesla and the former Head of Engineering at SpaceX.

Why This Matters: A Grid Under Pressure

The U.S. power grid is facing historic challenges. Demand is surging from electrification of heating and cooling, electric vehicles, Al, and data centers. At the same time, renewable generation from wind and solar has grown dramatically, but this energy is often produced at times that don't match when demand is highest.

This mismatch leaves grid operators struggling to manage peaks, making grid resilience and reliability a growing national concern. The Department of Energy warns that outages could double by 2030 without new solutions. Meeting that demand through traditional greenfield projects like nuclear or utility-scale renewables is slow and costly - often requiring billions in capital and 10-20 years to bring online. But the grid needs nearly 100 gigawatts of flexible capacity within just the next five years.

Scaling flexibility and resilience urgently requires real technology solutions to bridge these gaps and safeguard grid stability.

Boldr's Solution: Every Home a Power Plant

Boldr takes a different approach. Instead of waiting decades for large-scale projects, Boldr is leveraging the growing installed base of HVAC systems, alongside the rise of EVs, batteries, and solar, to deploy distributed peak capacity at a fraction of the cost and in a fraction of the time.

By building smart hardware and software for HVAC systems, Boldr has created a scalable channel through contractors to get into homes. This allows the company to rapidly acquire energy under management, helping homeowners:

• Optimize usage and save money
• Shift demand away from peaks
• Supply capacity back to the grid when it's needed most

"At Boldr, we see every home as a potential power plant," said Madi Ablyazov, CEO and co-founder. "By tapping into everyday energy devices, starting with HVAC, we can provide peak capacity to the grid while helping families lower bills and optimize usage. This round fuels our expansion across the U.S. HVAC market and beyond."

Greg Mericle, General Partner at Viva Holdings, said: "As someone who's spent a lifetime in HVAC, I immediately recognized how rare Boldr's approach is. They're not just making the grid smarter - they're making contractors more competitive and homeowners better off. That combination is exactly why we chose to become both a customer and an investor."

Matt Penneycard, co-founding partner at Ada Ventures, comments: "Power grids around the world are under pressure and so Boldr is building a critical solution to ease the strain. By reimagining everyday residential energy systems, they are turning homes into assets that deliver both energy stability and savings. It's rare to find a team this strong on both hardware and software, and even rarer to see them execute at scale. We're proud to back Boldr once again as they build the solutions the energy transition needs, in ways that make sense for real people."

Looking ahead, Boldr plans to expand its partnerships with HVAC contractors and wholesalers while further developing its platform to integrate more household energy-intensive devices. With strong demand from homeowners and a presence already in more than 15,000 homes across North America, the company is well positioned to accelerate its mission of making residential power plants a cornerstone of a resilient, sustainable energy future, with the goal of managing more than 4 gigawatts of flexible energy capacity across 1 million homes within the next four years.