Raven SR, Inc. announced that it has raised $15 million in a round of funding led by new investor, Ascent Funds on April 2, 2024. The transaction also included participation from returning investors, Stellar J Corporation, Chevron Technology Ventures L.L.C. and ITOCHU Corporation. Mark Gordon of Ascent Funds will join as vice chairman and Robert Kinghorn of Stellar J Corporation will join as new board member.