ElectronX Secures $30M for U.S. Power Derivatives
Slice of Energy Team
11/17/2025
Key highlights
- $30 million raised for Series A funding.
- Launches first U.S. power derivatives market next month.
- Focus on intraday hedging tools for volatility management.
Source: PR Newswire
Notable Quotes
“ ElectronX's Series A captures the rising momentum from all industry angles for financial infrastructure innovations in U.S. power markets. ”
Sam Tegel, CEO at ElectronX
“ ElectronX will fill a critical gap and play a much needed role in the electricity markets. ”
Ali Tamaseb, General Partner at DCVC
Why this matters
This funding allows ElectronX to address growing demand for sophisticated risk management solutions in the U.S. electricity markets, thereby supporting the shift towards renewable energy and better grid efficiency. This development is particularly significant for the energy sector.
