Daylight Energy has announced the successful completion of a $9 million Series A funding round led by A16z Crypto. The funding round also saw participation from investors such as HiFramework, Lerer Hippeau, EV3 Ventures, and Lattice Fund. Daylight Energy is developing a decentralized protocol aimed at funding and coordinating distributed energy resources, with the goal of decentralizing the power grid to achieve energy abundance. The company has also launched its Daylight Testnet, which aims to connect devices like smart thermostats and solar inverters. The project is part of the broader DePIN (Decentralized Physical Infrastructure Networks) initiative, which uses token rewards to incentivize hardware-based networks. Daylight Energy has been working on this next-gen distributed energy platform for the past two years.