Conjoule develops a platform for offering and purchasing local electricity.
Conjoule is a venture capital backed start-up that is building the decentralized energy marketplace of the future where all participants are able to transact electricity and flexibility amongst each other as peers without the need for traditional middlemen. We are building disruptive new digital business models that fundamentally redesign the way that energy market participants interact with each other. Our first product, which is currently in pilot testing, enables residential solar photovoltaic owners to sell their excess electricity to local consumers on our blockchain-enabled platform. The platform will provide market access for grid edge assets to market energy, capacity, and flexibility.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Jul 10, 2017 | Series A | €4.50M | 1 | Future Energy Ventures | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Future Energy Ventures | Yes | Series A |