Fundz

ElectronX Raises $15M in Seed Funding led by Innovation Endeavors

PRIVATEJun 12, 2024

Amount Raised

$15 Million

Round Type

Seed

ChicagoEnergyRenewable Energy

Investors

Lightning CapitalBoxGroupAmploDcvcInnovation 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.

Quick answer

ElectronX raised $15 Million in a Seed round, dated June 12, 2024. Investors: Lightning Capital, BoxGroup, Amplo, Dcvc and Innovation Endeavors. ElectronX is based in Chicago, Illinois, United States.

How much did ElectronX raise?
ElectronX raised $15 Million in a Seed round on June 12, 2024.
Who invested in ElectronX?
Lightning Capital, BoxGroup, Amplo, Dcvc and Innovation Endeavors are named as investors in this round.
What does ElectronX do?
ElectronX (EXI) is a U.S.-regulated energy exchange created to address volatile short-term price exposure to electricity.
Where is ElectronX based and how big is it?
ElectronX is based in Chicago, Illinois, United States. Fundz records about 36 employees.
Who are the decision-makers at ElectronX?
Fundz holds 1 contact at ElectronX, including the Chief Executive Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as ElectronX that raised within 45 days of this round, from Fundz verified event records.

  • Greenely raised $8.7M (Series A) on July 26, 2024.
  • ecop raised $9.2M (Grant) on July 26, 2024.
  • Aurora Hydrogen raised $4M (Grant) on July 24, 2024.
  • Star Catcher raised $12M (Seed) on July 24, 2024.
  • Heimdall Power raised $25M (Series B) on July 16, 2024.
  • Naked Energy raised $22M (Series B) on July 15, 2024.

Who to call at ElectronX, and when

A new round usually means ElectronX is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day ElectronX raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at ElectronX, from your own LinkedIn network

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Company Information

Company

ElectronX

Location

Chicago, Illinois, United States

About

ElectronX (EXI) is a U.S.-regulated energy exchange created to address volatile short-term price exposure to electricity. With locations in Chicago and New York City, ElectronX is helping to expand the nation's power grid by building the financial infrastructure and risk management tools necessary to support increased investment in energy generation, renewable resources, and battery storage technology. ElectronX is proud to be supported by premier venture capital firms including Innovation Endeavors, Systemiq Capital, Equinor Ventures, Shell Ventures, DCVC, Amplo, BoxGroup and Lightning Capital.

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Related People

1 contact
Verified contactsSam, Chief Executive OfficerSee plans and pricing
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ElectronX raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.