Otovo Secures $16.6 Million Private Placement to Fund EnergyAid Acquisition
“Otovo, the AI-native home energy service provider, has successfully closed a private placement raising approximately $16.6 million through the issuance of around 14 million new shares. The funds will primarily finance the company’s acquisition of EnergyAid Inc., a prominent residential solar service and repair provider operating in California, Arizona, and Nevada. This move bolsters Otovo’s … Read more