On January 30, 2024, Crux Climate Inc. closed the transaction. The company raised $18,200,000 in a series A round of funding led by new investor Andreessen Horowitz LLC. The transaction included participation from returning investors Three Cairns Group Llc, Overture VC, New System Ventures and Lowercarbon Capital LLC and new investors, Clearway Energy Group LLC, EDF Renewables Inc., Intersect Power, LLC and Pattern Energy Group LLC.

The company has raised a total of over $27,000,000 funding till date. David Haber of Andreessen Horowitz joins the board of directors.