Caret Digital
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Caret Digital - overview
Location
Sterling, VA, US
Primary Industry
Renewable Energy
About
Based in Virginia, US, Caret LLC doing business as Caret LLC operates as an energy production company that specializes in the development of renewable power infrastructure for crypto miners and green hydrogen producers. In January 2025, Global Emerging Markets agreed to invest approximately CAD 140 million in Caret Digital. CaretSolar specializes in renewable solar power generation and focuses on enabling power-to-x applications. The company collaborates with end users, including crypto miners and green hydrogen producers, to deliver sustainable energy solutions for improving operations.
As of 2025, the firm operates various projects in a wide range of locations such as Uvalde County, Cottle County, Hardeman County, Randall County, Williamson County, Potter County, and many more. The company plans to use the funding from January 2025 to improve Caret Digital’s Power-to-X strategy (“P2X”) for improving renewable power capacity.
Primary Industry
Renewable Energy
Sub Industries
Power & Utilities, Solar Power
Website
www.caretp2x.com
Verticals
Clean Technology
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Caret Digital - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Announced | Caret Digital | - |
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