Renewable energy investment platform PF Nexus has just raised about €716k (£625k) for renewable energy investment platform. As impact and sustainability investing takes off across Europe, the London-based team is aiming to streamline the investment process for renewable energy startups.
As the push towards creating a carbon-neutral society and economy continues to grow in intensity, European startups and innovators are helping get us there. Across the continent, new initiatives are actively contributing towards reducing our carbon emissions and creating a healthier, happier planet that can sustain us for generations to come and investors are taking note of both the ethical and economic benefits of backing forward-thinking entrepreneurs innovating in this space.
As the renewable energy sector grows, it stands to reason that there needs to be more oversight on investment – more data and information on where money is coming from, how it can be accessed, where it is going and how it’s being used.
London-based firm, PF Nexus, is building an investment platform with the aim to bring about global visibility across renewable energy investment and simultaneously streamline the world’s transition to carbon-neutral energy sources. Its process cuts the nonsense, enabling corporate capital to discover, research and engage with precisely the types of solar, wind, battery and sustainable infrastructure projects and organizations they are seeking.
The startup has just received new investment to help fuel its ambitions. Supported by Angel Investment Network, PF Nexus has just secured about €716k in seed funding. With over 4,000 users from 2,000 clean energy developers, investors, lenders, and advisors, it has seen surging growth as the energy transition pushes forwards and countries aim for Net Zero emissions.
Scott Gillam, co-founder and CEO of PF Nexus: “We are delighted that investors have supported our vision of a global ecosystem of connectivity for clean energy project developers, advisors, investors and lenders. 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. This reduces transaction friction and means that the market for renewable energy projects can flow faster and more efficiently than ever before.”
The London-based company’s tech-enabled approach allows clean energy professionals to harness powerful AI and data-driven tools to discover, research, shortlist, connect and collaborate with one another. This results in an increase in the speed and quality of deal flow across the industry.
Customers include the likes of TotalEnergies, EDF Renewables, Softbank Energy, JP Morgan and Macquarie. With thousands of organisations connecting to discuss billions of euros worth of live project deal flow on the platform.
The capital will be used to double down on their subscription service, with an ambitious roadmap of powerful new features launching in the months ahead, and aggressive user growth targets for 2023.
Matthew Louis, who led the raise for Angel Investment Network: “Helping PF Nexus with their raise was a fantastic opportunity for AIN to help unblock bottlenecks in sustainable infrastructure deal flow. 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.”
