Crux and, a sustainable finance technology company based in NYC, announced it had added strategic investors as part the $18,2M Series A financing.
These additional funds are being invested by a group of clean energy developers including Clearway Energy Group EDF Renewables Intersect Power and Pattern Energy. These new investors have joined Orsted, LS Power and Hartree, who are already strategic investors. The round was led and announced by Andreessen-Horowitz in January 2024.
The company plans to use the money to expand its operations and to develop its development efforts.
Crux, led by CEO Alfred Johnson is a sustainable technology company that focuses on the financing of clean energy and decarbonization in the U.S. The first product it offers is a platform for buyers, intermediaries, and sellers to transact and track transferable tax credit.
Since its launch in the year 2023, the company raised more than $27M from strategic investors and venture capitalists. It has also built a team of experts in energy, taxation, finance, government and technology, to help accelerate the clean energy revolution.
FinSMEs
19/06/2024