The number of energy start - ups developing and marketing solar technologies is growing , with companies across the globe finding funding . South African outfit Sun Exchange recently secured $ 1.6 m in seed funding , while the much - hyped solar start - up Grid+ raised $ 40 m from a token sale . UK firm Electron and New York - based LO3 ventures have both been backed by Siemens , while Australian company Power Ledger 's October token sale raised $ 50 m .
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.