top of page
Writer's pictureTina

Blok-Z, a Middleware Blockchain Software that Providers for the Energy Industry, raises $500k from Simya VC


Middleware Blockchain Software that Providers for the Energy Industry

September 24, 2024


Simya VC is thrilled to announce their latest investment in Blok-Z, marking a significant milestone as they reach double digits in their portfolio. They emphasize the importance of renewable energy in the global energy transition and its critical role in achieving sustainability goals. However, they note that energy providers face challenges in transparently proving the origin of renewable energy sources, which complicates meeting regulatory requirements and consumer demands for hourly green energy guarantees. Developing tracking systems can be both costly and complex, leading to inefficiencies, compliance risks, and a decline in consumer trust.

Project

Latest Raise

Latest Raise Date

Lead Investor

Category

Blok-Z

$500K

September 24, 2024

Simya VC

Energy

Blok-Z’s GreenLink platform addresses these issues by offering “hourly carbon-free energy matching.” This platform provides energy providers with hourly energy verification, automatic compliance, and transparent data access for consumers. It also reduces operational costs, helps prove the origin of green energy sources, and builds consumer trust.Top of FormBottom of Form

 

About Blok-Z

Blok-Z is a software provider focused on the energy sector, offering innovative solutions to help companies achieve their carbon-free energy goals. Their main product is a 24/7 carbon-free energy (CFE) matching software, which allows energy providers to match their customers’ energy consumption with carbon-free sources on an hourly basis. This helps companies meet their sustainability targets and enhances transparency in energy distribution. Blok-Z aims to drive the digital transformation of the energy industry, supporting a shift towards more sustainable and localized energy solutions.


 

About Investor

Investor: Simya VC

Simya VC is a venture capital firm focused on helping early-stage startups grow globally. They provide seed investments, mentorship, and access to a vast network through partnerships with organizations like the Alchemist Accelerator. Simya VC aims to support innovative B2B startups with a fast and transparent investment process, leveraging the expertise of their experienced team and partners.


Location: Istanbul Türkiye 

 

 

 

A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.

Opmerkingen


Opmerkingen zijn uitgezet.
bottom of page