Amount Raised
$15 Million
Round Type
seed
Investors
Lightning CapitalBox GroupAmploDcvcInnovation Endeavors
Description
ElectronX, a Chicago, IL-based energy exchange, raised $15m in seed funding to accelerate the U.S. grid transition to renewable sources. The round saw participation from DCVC, Amplo, BoxGroup and Lightning Capital, with the funds intended for expanding operations and development efforts.
FundzWatch™ Score
20
Medium Activity
2 total signals
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Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech