Swiss-based Pexapark raises €20M to provide the OS to buy, sell and manage renewable energy
Summary
Zurich-based enterprise software and advisory company specialised in renewable energy, Pexapark announced on Tuesday, September 26, that it has secured €20M in a Series C funding round led by global tech investor Telstra Ventures. Swisscom Ventures and the A&G Energy Transition Tech Fund joined the startup’s late-stage financing effort. Serving the green energy market since 2017, Pexapark says the new funding will help expand its human resources and meet global demands with novel offerings. “This fresh injection of capital takes us into the next exciting phase of our mission to equip renewable energy players around the globe with the expertise, processes, and systems to thrive amid evolving market dynamics,” says Michael Waldner, CEO of Pexapark. Pexapark’s products range from trusted reference prices for power purchase agreements (PPAs) to its signature management software, PexaOS.
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