Funding round
Matrix Renewables Growth
Reported as "Growth Equity"
Matrix Renewables, which works in renewable energy asset development in Madrid, raised $210M in a Growth round announced on 23 Jun 2026, led by DESRI. 1 firm took part.
$210M
Amount raised
Not disclosed
Post-money valuation
1
Investors
1 lead
Valuation
What this round says about the price
Matrix Renewables did not disclose a valuation in this round. It is Matrix Renewables' first venture round on record, 6 years after it was founded in 2020. No later venture round is on record for Matrix Renewables.
Matrix Renewables' funding rounds
This is the only venture round on record for Matrix Renewables.
- Debt not a venture round 8 May 2024 $323M
- Debt not a venture round 23 Jun 2026 $470M
- Growth this round 23 Jun 2026, led by DESRI $210M
Investors
Who put money in
DESRI led the round.
Lead investor
- DESRI new investor
Comparable rounds
How it compares
15 Growth rounds in Renewable energy companies within a year either side disclosed an amount; the median was $101M, and this round was 2.1 times the median. The closest in time, other companies' Growth rounds in Renewable energy companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Acelen Renováveis Renewable energy companies | 26 May 2026 | $1.50B | not disclosed | International Finance Corporation and HSBC |
| Hydrostor Renewable energy companies | 12 Aug 2026 | $230M | not disclosed | not named |
| Jupiter Power Renewable energy companies | 16 Sep 2026 | $1.40B | not disclosed | not named |
| Renewable energy companies | 24 Sep 2026 | $268M | not disclosed | Climate Adaptive Infrastructure |
| Renewable energy companies | 16 Sep 2026 | $100M | not disclosed | S2G Investments and Canada Growth Fund |
| new cleo Renewable energy companies | 23 Feb 2026 | $89M | not disclosed | not named |
| Renewable energy companies | 19 Feb 2026 | $47M | not disclosed | International Airlines Group (IAG) and Shell |
| Renewable energy companies | 3 Feb 2026 | $29M | not disclosed | RA Capital |
Sources
Where this comes from
Reported by 5 sources.
Questions
Frequently asked
How much did Matrix Renewables raise in its Growth round?
Matrix Renewables raised $210M in its Growth round, announced in Jun 2026.
Who led Matrix Renewables' Growth round?
DESRI led it.
What was Matrix Renewables' valuation at the Growth round?
It was not disclosed.
How does it compare with other Growth rounds in Renewable energy companies?
15 Growth rounds in Renewable energy companies within a year either side disclosed an amount; the median was $101M, and this round was 2.1 times the median.