ElectronX has secured 30 million in its Series A round. The raise comes at a crucial moment for the company. It prepares to launch a regulated power derivatives market in the United States. The platform is built for short-term price risk in electricity. Many energy producers and buyers face this risk each day. The grid changes at high speed. Renewable power creates sudden jumps in supply. Data centres and AI systems create sudden jumps in demand. These forces collide. Prices swing. The swings hurt both producers and consumers.
ElectronX wants to bring calm to this space. It has created small and simple financial tools. The aim is precise risk control. Users can hedge exposure hour by hour. The platform offers direct access. The tools are fully collateralised. The firm believes this design opens the door for broader participation. The goal is a fairer market. The aim is smoother investment decisions.
The round was led by DCVC. The fund also backed the seed raise. New investors joined. The list includes XTX Markets, Five Rings, GTS, NGP and JACS Capital. They bring deep experience in trading and energy markets. Previous backers returned. They include Innovation Endeavors, Systemiq Capital, Equinor Ventures and Shell Ventures.
