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UrbanChain
About
Blockchain, AI, Renewables, Distributed Energy Management System, Peer-to-Peer Exchange System, Local Energy Market, Virtual Power Plants
- Manchester,Manchester,United Kingdom
- 11 - 50
- http://urbanchain.co.uk
Details
- Last Funding Type
- Pre-seed
- Last Funding Money Raised
- £350K
- Industries
- Artificial Intelligence,Blockchain,Clean Energy,Energy,Energy Management,GreenTech,Information Technology,Machine Learning,Renewable Energy
- Founded date
- May 15, 2017
- Number Of Employee
- 11 - 50
- Operating Status
- Active
- Legal Name
- UrbanChain Ltd
The Leading Global Blockchain Infrastructure-Based P2P Exchange For Renewable Generators And ConsumersUrbanChain has developed an innovative energy exchange system, harnessing the power of blockchain, AI and IoT, in order to create local energy markets. UrbanChain's solution offers significant savings in energy bills for consumers, brings renewable energy generators of all size to the mainstream market, and enables large consumers to meet their net zero carbon emission target. UrbanChain's solution is regulated with Ofgem and Innovation Link. We are growing in the UK market and all over the glob and offer values to energy markets by dis-intermediating the energy market and streamlining the connection between renewables and consumers.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Dec 1, 2019 | Seed | £350K | 1 | — | — | Detail |
| Mar 5, 2019 | Grant | £640K | 1 | — | — | Detail |
| Oct 1, 2018 | Pre-seed | £350K | 2 | — | — | Detail |
| Oct 1, 2018 | Grant | £20K | 1 | — | — | Detail |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
Innovator Groundbreakers
|
— | Seed |
Innovate UK
|
— | Grant |
Mo Hajhashem
|
— | Pre-seed |
Somayeh Taheri
|
— | Pre-seed |
Manchester Enterprise Centre
|
— | Grant |
