<ul><li>US-based home energy technology provider ConnectDER has raised $35 million in Series D funding to accelerate its market expansion and develop its meter socket adapters for EV charging and solar power systems.</li><li>The funding round was led by new investors Decarbonization Partners and MassMutual Ventures, with participation from existing investors.</li><li>ConnectDER plans to launch its next-generation meter socket adapter, IslandDER, which integrates with utility grids and enables islanding of solar, battery storage, and EVs, providing whole-home backup and resiliency.</li><li>ConnectDER currently has 25,000 adapters in operation and aims to expand nationwide in the coming years.</li></ul>

ConnectDER raises $35 million to scale its meter socket adapters for EV charging

Discover more