Josh Rapperport’s Post

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Principal at Innovation Endeavors

We’re excited to announce our lead investment in ElectronX’s $15M fundraise. It’s rare to intersect a team so uniquely well-suited to address such a huge opportunity — Sam, Evan, and Philip, it’s truly an honor to partner with you. Power markets today look like securities did in the 1990s, or ads did in 2005. Since then, the evolution of real-time, granular exchanges in these sectors has unlocked immense value and efficiency, and democratized participation in massive end-markets. ElectronX is building this same core financial infrastructure for power. Currently, rapidly climbing renewables penetration on the grid is increasing volatility, unpredictability and price-movement. In order to continue to accelerate the deployment of renewables, more sophisticated pricing, hedging and risk-management is required. This is exactly why ElectronX is building their real-time electricity derivatives exchange, and we’re thrilled to be supporting this world-class team on their journey. Sam Smith-Eppsteiner #powermarkets #renewables #energytrading

Building modern financial infrastructure for the changing energy sector: Our investment in…

Building modern financial infrastructure for the changing energy sector: Our investment in…

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Sam Tegel, CFA

Chief Executive Officer at ElectronX

1mo

Thanks Josh Rapperport!

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