South Korea-based Energy X raised $20 million in a Series B funding round, while New Zealand-based Hnry secured $35 million in its Series B funding.
Shinhan Financial Group leads Energy X’s fundraising
AI-driven online energy platform company Energy X raised $20 million in a Series B funding round, reported TechCrunch. Shinhan Financial Group, a South Korean financial holding company, led the funding round, bringing the company’s total funding to approximately $31.5 million.
Energy X plans to use the new capital to fund energy efficiency technology, hiring talent, and to launch in Japan, according to TechCrunch.
Founded in 2019, Energy X connects energy market participants such as individual households, EPC contractors and investors via its online Social Energy Platform.
AirTree Ventures anchors Hnry’s funding round
Accounting fintech firm Hnry secured $35 million in an oversubscribed Series B funding round, as per a release.
AirTree Ventures, an Australian tech-focused venture capital firm, led the funding round. While Athletic Ventures, Icehouse Ventures, New York-based Left Lane Capital and Akshay Kothari, Co-Founder of productivity software Notion, also participated in the round.
“Our investors can see the potential for Hnry to grow, enter new markets, and develop and offer new products and services,” says Hnry CEO James Fuller. “Their sentiment echoes what we hear from our customers across multiple industries and professions, who say our service is a game-changer.”
Founded in 2017, Hnry provides digital accounting service such as tax calculations and payments, invoicing, expenses, tax filings for contractors, freelancers, and sole traders.