(Photo by Flickr user 10 10, used under a Creative Commons license)
Washington, D.C.-based Arcadia Power, a renewable energy tech company, has been selected to participate in the World Economic Forum’s Technology Pioneers 2019 program.
“We’re humbled to be acknowledged as a @wef Technology Pioneer. We can achieve a carbon-free future when millions of Americans are empowered to choose clean energy. Our platform makes choosing clean energy simple.”
— Arcadia Power (@ArcadiaPower) July 1, 2019
Launched in 2013, Arcadia Power’s renewable energy platform helps increase wind and solar energy, by letting consumers buy into panels installed elsewhere. The company recently raised a $25 million Series B funding round last August, and announced that it will use the funds for nationwide expansion of its platform offering connections to renewable energy sources.
The World Economic Forum is a nonprofit with a mission to promote entrepreneurship worldwide. It launched the Technology Pioneer program, where it is bringing together 56 growth-stage tech companies from around the world who are creating new tech from artificial intelligence to blockchain solutions and more.
Arcadia Power will take part in the two-year program by participating in World Economic Forum initiatives, discussions and events to bring insight about its tech. Arcadia Power is the only D.C.-based company selected to participate in the program.
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