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NOX Energy raises €3M in seed funding to connect home heat pumps to European power markets. Rise PropTech and Volve Capital co-led the round.
Amount Raised
€3 Million
Round Type
Seed
Investors
Description
NOX Energy raised €3 million in seed funding to provide software that links home heat pumps and solar panels to electricity prices and power markets across Europe. The round was co-led by Rise PropTech and Volve Capital, with participation from Seeder Fund, Uneti Ventures, Fair Capital Impact Fund, and 100in. The company has connected over 10,000 devices and counts major energy suppliers Eneco and Frank Energie among its customers. NOX aims to become the infrastructure layer for energy flexibility in Europe, similar to SWIFT's role in banking.
Fundz sees it the moment NOX Energy raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
NOX Energy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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