Persistent Energy Capital LLC announced that it has raised over $8 million in equity in 2019. The equity raise was in the form of Series B preferred units of ownership in Persistent, giving Series B holders a seat on the board of directors.

Persistent co-founder Dirk Muench said: “The Series B capital raise, the second on-balance sheet equity raise in our history, is a validation of our venture building strategy and our focus on building companies that mitigate climate change a...