ElectronX

ElectronX is building a regulated derivatives exchange to help manage short-term price exposure to electricity, focusing on the U.S. grid transition to renewable sources. It aims to provide financial tools for power providers, consumers, and energy innovators to hedge intraday price risk on a highly accessible platform, supporting increased investment in clean energy and grid modernization.

Funding Round: Strategic Investment

Funding Amount: $10M

Date: 19-Feb-2025

Investors: Systemiq Capital, Equinor Ventures, Shell Ventures LLC (Shell), Innovation Endeavors

Markets: Energy, Fintech, Renewable Energy, Financial Services

HQ: Chicago, Illinois, United States

Founded: 2022

Website: https://www.electronx.com

LinkedIn: https://www.linkedin.com/company/trade-electronx

Twitter: https://twitter.com/Trade_ElectronX

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