Vortexa, a London, UK-based energy intelligence provider, raised $19m in Series B funding.
The round was led by monashees with participation from all existing investors, including Notion Capital, Mosaic Ventures and Metaplanet Holdings.
The company, which has raised more than $30m since inception, intends to use the funding to further accelerate its international expansion and product development.
Led by Fabio Kuhn, Founder and CEO, Vortexa is an energy intelligence company that combines AI and deep industry expertise to provide complete real-time data and analytics tools for waterborne energy and shipping markets. It tracks more than $1.8 trillion of waterborne energy trades per year in real time. The company has tripled revenues in 2020 and opened offices in Singapore and the U.S., while the organization grew to more than 70 people. Clients include oil supermajors, commodities trading houses, investment banks, brokers and ship owners, spanning across all continents.