Tech

PF Nexus raises £625k for energy investment platform

PF Nexus

Renewable energy investment platform PF Nexus has raised £625,000 in a seed funding round to support the company’s growth plan and launch new features.

Founded in 2019, PF Nexus has created a platform to link capital with renewable energy investment opportunities.

The platform contains a database of investors, developers, and lenders that can be searched by filtered categories including location, technology focus and capital deployment types. The company uses a subscription-based model.

PF Nexus lists SoftBank Energy, JP Morgan, EDF Renewables, TotalEnergies, and Macquarie among its customer base.

“We are now the fastest growing platform for renewable energy projects, helping to bring together international market participants to successfully progress over 3GW of new utility-scale clean energy generation capacity in this past year alone,” said PF Nexus co-founder and CEO, Scott Gillam.

“This reduces transaction friction and means that the market for renewable energy projects can flow faster and more efficiently than ever before.”

The seed round came via Angel Investment Network, an online platform for independent investors to find projects to back.

“Helping PF Nexus with their raise was a fantastic opportunity for AIN to help unblock bottlenecks in sustainable infrastructure deal flow,” said Matthew Louis, an associate at Angel Investment Network.

“Investors saw the need and opportunity for this tech-driven approach to raising investment. Scott and Mike are passionate founders who are helping bring visibility across the world between project owners and institutional capital.”

Source uktech.news

Related posts

Separate laws needed for cryptoassets, says legal body

Cynthia Danforth

US subscription platform Zuora to acquire UK’s Zephr for £37m

Cynthia Danforth

Meta starts redundancy consultation for UK staff

Cynthia Danforth

Leave a Comment