CFEX, a San Francisco, CA-based offering an automatic bilateral contract settlement know-how, raised an undisclosed quantity in new funding.
The spherical was led by Mobilize Power Capital with participation from TSV Capital.
The corporate intends to make use of the funds to speed up the go-to-market of its know-how for power consumers and sellers.
Led by CEO and Founder Jian Zhang, CFEX automates bilateral transactions between consumers and sellers of renewable and non-renewable power and streamlines their inner power administration processes. The firm’s carbon-free power cloud software suite automates income monitoring, billing, settlement, and power attribute administration for sellers (power producers) and price monitoring, bill reconciliation, and decarbonization of energy-related emissions for consumers (enterprises and utilities).
By automating these in any other case guide processes, CFEX enhances operational effectivity, reduces transaction errors, will increase transaction accuracy, improves auditability, and finally offers a scalable transaction platform to energy the transition to scrub power.
FinSMEs
05/08/2025
