# EnergyX Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/energyx-co

- Industry: Renewable Energy
- Headquarters: Goyang-si, South Korea
- Website: www.energyx.ai
- Total disclosed funding: $70M
- Latest round: Series B (Jul 28, 2023)
- Investors on record: 15

## About

Based in Seoul, South Korea, EnergyX Co., Ltd. offers corporate support in building a power generation business. The Energy X team helps businesses with business feasibility review, licensing, development, purchasing, construction, and maintenance of the power generation business. In March 2026, EnergyX Co., Ltd. raised an undisclosed amount of venture funding led by Rasmal Ventures, with participation from Qatar Development Bank.

EnergyX Co., Ltd. offers services for feasibility review, licensing, development, purchasing, construction, and maintenance of the power generation business.

## Funding rounds

- Series B, Jul 28, 2023, $50M — General Motors Ventures, SW Investment, Eni Power SpA, Elohim Partners
- Series B, Jan 20, 2023, $16M — Shinhan Asset Management, Shinhan Capital, Honest Ventures, Enlight Ventures, VTI Partners, Welcome Ventures
- Series A, Mar 23, 2020, $4.1M — Hyundai Venture Investment, Venture Square, Simbon Investment Partners, Gloria Advanced Material Investment, Ophir Equity Partners

## Investors

- Hyundai Venture Investment (https://capitalatlas.ai/funds/hyundai-venture-investment) — Series A
- Venture Square (https://capitalatlas.ai/funds/venture-square) — Series A
- Simbon Investment Partners (https://capitalatlas.ai/funds/simbon-investment-partners) — Series A
- Gloria Advanced Material Investment — Series A
- Ophir Equity Partners (https://capitalatlas.ai/funds/ophir-equity-partners) — Series A
- Shinhan Asset Management (https://capitalatlas.ai/funds/shinhan-asset-management) — Series B
- Shinhan Capital (https://capitalatlas.ai/funds/shinhan-capital) — Series B
- Honest Ventures (https://capitalatlas.ai/funds/honest-ventures) — Series B
- Enlight Ventures (https://capitalatlas.ai/funds/enlight-ventures) — Series B
- VTI Partners (https://capitalatlas.ai/funds/vti-partners) — Series B
- Welcome Ventures (https://capitalatlas.ai/funds/welcome-ventures) — Series B
- General Motors Ventures (https://capitalatlas.ai/funds/general-motors-ventures) — Series B
- SW Investment (https://capitalatlas.ai/funds/sw-investment) — Series B
- Eni Power SpA — Series B
- Elohim Partners (https://capitalatlas.ai/funds/elohim-partners) — Series B