Tech Company Financing Transactions
ElectronX Funding Round
Innovation Endeavors, Amplo and BoxGroup joined a $15 million Seed venture round for ElectronX. The round was announced on 6/12/2024.
Transaction Overview
Company Name
Announced On
6/12/2024
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
444 W. Lake St. 1700
Chicago, IL 60606
USA
Chicago, IL 60606
USA
Phone
Undisclosed
Website
Email Address
Overview
ElectronX� is a new electricity market designed to enable precision risk management, volatility hedging opportunities, and the monetization of power assets for all energy market participants. As a CFTC-regulated financial exchange,* ElectronX will offer derivatives products that capture the intraday price fluctuations of our rapidly changing electrical grid--helping to smooth the financial path of clean energy adoption across the nation.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sam Tegel
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Where The Data Comes From
Our team works diligently to report on every notable VC transaction. All VC database entries on this site are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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