REDEX Overview
- Year Founded
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2018
- Status
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Private
- Employees
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156
- Latest Deal Type
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Series A
- Latest Deal Amount
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$10M
- Investors
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10
REDEX General Information
Description
Developer of a renewable energy certificates trading platform designed to accelerate and facilitate renewable energy. The company's platform tracks and certifies the transfer of ownership and retirement of Renewable Energy Certificates (REC), using a proof-of-stake concept to prevent double-counting of ownership, enabling businesses to select their desired RECs amongst the listed assets and place an offer to buy and validate their commitments transparently on a blockchain-enabled public ledger.
Contact Information
Website
www.redex.ecoCorporate Office
- Blk 71 Ayer Rajah Crescent
- Number 04-23 S139951
- Singapore, Singapore 139951
- Singapore
Corporate Office
- Blk 71 Ayer Rajah Crescent
- Number 04-23 S139951
- Singapore, Singapore 139951
- Singapore
REDEX Timeline
REDEX Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Later Stage VC (Series A) | 30-Oct-2023 | $10M | Completed | Generating Revenue | ||
| 4. Later Stage VC | 01-Jan-2023 | Completed | Generating Revenue | |||
| 3. Accelerator/Incubator | 01-Jan-2022 | Completed | Generating Revenue | |||
| 2. Early Stage VC | 07-Sep-2020 | $100K | Completed | Generating Revenue | ||
| 1. Accelerator/Incubator | 28-Mar-2019 | $100K | $100K | Completed | Generating Revenue |
VC Exit Predictor
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REDEX Comparisons
Industry
Financing
Details
REDEX Competitors (3)
One of REDEX’s 3 competitors is MCG Energy Solutions, a Formerly PE-Backed company based in Minneapolis, MN.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| MCG Energy Solutions | Formerly PE-Backed | Minneapolis, MN | ||||
| Next Kraftwerke | Formerly VC-backed | Cologne, Germany | ||||
| Open Access Technology International | Corporation | Minneapolis, MN |
REDEX Signals
REDEX Investors (10)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Global Brain | Venture Capital | Minority | ||
| Greenway Grid Global | Venture Capital | Minority | ||
| PETRONAS Ventures | Corporate Venture Capital | Minority | ||
| SEEDS Capital | Corporate Venture Capital | Minority | ||
| Twin Towers Ventures | Corporate Venture Capital | Minority |
REDEX FAQs
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When was REDEX founded?
REDEX was founded in 2018.
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Where is REDEX headquartered?
REDEX is headquartered in Singapore, Singapore.
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What is the size of REDEX?
REDEX has 156 total employees.
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What industry is REDEX in?
REDEX’s primary industry is Business/Productivity Software.
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Is REDEX a private or public company?
REDEX is a Private company.
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What is REDEX’s current revenue?
The current revenue for REDEX is .
-
How much funding has REDEX raised over time?
REDEX has raised $18.1M.
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Who are REDEX’s investors?
Global Brain, Greenway Grid Global, PETRONAS Ventures, SEEDS Capital, and Twin Towers Ventures are 5 of 10 investors who have invested in REDEX.
-
Who are REDEX’s competitors?
MCG Energy Solutions, Next Kraftwerke, and Open Access Technology International are competitors of REDEX.
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