Crux, a fintech startup focused on clean energy financing, has raised $50 million in Series B led by Lowercarbon Capital, bringing its total funding to $77 million. The company’s platform facilitates tax credit transfers and debt financing for clean energy developers and manufacturers, with over $1 billion in term sheets issued by its network of 90+ financial institutions in the last quarter. With the new funding, Crux aims to expand its team, integrate AI, and evolve into the central capital markets platform for the clean economy.
Fintech Startup Crux Raises $50 Million to Build Capital Market Platform for Clean Energy Developers