The number of energy start-ups developing and marketing blockchain solutions is growing, with companies across the globe finding funding. South African outfit Sun Exchange recently secured $1.6m in seed funding, while the much-hyped Texan start-up Grid+ raised $24m from a token sale. UK firm Electron and New York-based LO3 Energy have both been backed by Siemens, while Australian company Power Ledger's October token sale raised $40m.
The number of energy start-ups developing and marketing blockchain solutions is growing, with companies across the globe finding funding. South African outfit Sun Exchange recently secured $1.6m in seed funding, while the much-hyped Texan start-up Grid+ raised $40m from a token sale. UK firm Electron and New York-based LO3 Energy have both been backed by Siemens, while Australian company Power Ledger's October token sale raised $24m.