Electric Futures just closed a pretty solid funding round—$10 million in combined debt and equity. What's interesting here? Planet Fund stepped up big time, covering half of that raise. The startup's now sitting at a $40 million valuation.

Not bad for an early-stage play in the energy tech space. Planet Fund clearly sees something worth betting on. Whether it's the team, the tech, or the market timing—half the round is a serious vote of confidence. These kinds of deals don't happen unless someone's convinced there's real upside ahead.