HomeUKVortexa Receives $25m Strategic Debt Financing From CIBC Innovation Banking

Vortexa Receives $25m Strategic Debt Financing From CIBC Innovation Banking

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Vortexa

Vortexa, a London, UK-based provider of real-time global energy and freight analytics solutions, received $25M in Strategic Debt financing from CIBC Innovation Banking.

The deal followed a $34M Series C funding round led by Morgan Stanley to drive further growth in energy and freight analytics.

The company intends to allocate the amount to expand operations and its development efforts.

Led by CEO and Founder Fabio Kuhn, Vortexa provides real-time data and analytics for energy and freight markets. By combining human intelligence with AI-driven insights, it helps its clients navigate the complex energy landscape with clarity and confidence empowering traders, analysts, and freight professionals to gain a competitive edge into complex and opaque markets by making better trading decisions.

Its over 160 employees combine energy and freight expertise, data science and engineering skills across hubs in London, Geneva, Singapore, Houston, New York City and the UAE. 

FinSMEs

22/10/2024

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