# Pexapark

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pexapark

- Industry: Software
- Headquarters: Zurich, Switzerland
- Website: www.pexapark.com/
- Total disclosed funding: $36M
- Latest round: Series C (Sep 26, 2023)
- Investors on record: 8

## About

Based in Switzerland, Pexapark AG operates as a key player in the renewable energy sector, specializing in Power Purchase Agreements (PPAs) and Battery Energy Storage Systems (BESS).Pexapark AG, founded in 2017 and headquartered in Zurich, Switzerland, focuses on providing comprehensive solutions for the renewable energy market. The company was established by Florian Müller, Luca Pedretti, and Michael Waldner, who has a background in launching innovative businesses. In September 2023, Pexapark raised EUR 20 million in Series C funding led by Titanium Ventures, with participation from A&G Group and Swisscom Ventures, bringing the total amount raised to EUR 20 million. Across its operations, Pexapark has successfully engaged in 7 different deals.Pexapark specializes in providing comprehensive solutions for the renewable energy sector, focusing primarily on Power Purchase Agreements (PPAs) and Battery Energy Storage Systems (BESS). Their core offerings include a robust methodology for price transparency in PPAs and BESS tolls, designed to help energy companies assess market dynamics and optimize their projects effectively. Pexapark delivers daily PPA reference prices and extensive market intelligence to its clients, which include leading energy companies operating in the renewable sector. Their platform, PexaQuote, allows users to access real-time pricing data, making it easier to evaluate investment opportunities across various geographical markets, notably in the United States and Europe. By acquiring RenewaFi, Pexapark has enhanced its capabilities to serve a diverse client base, ensuring they can effectively navigate the complexities of both power and battery storage markets.Pexapark generates revenue through a combination of subscription-based services and advisory offerings tailored to the renewable energy market. Clients engage with Pexapark primarily through structured partnerships that facilitate access to its market intelligence resources, including the flagship PexaQuote tool. The revenue model predominantly revolves around B2B transactions where energy companies subscribe to Pexapark's platforms for ongoing insights into PPA pricing and BESS strategies. This structured approach allows clients to leverage precise pricing and analytical resources essential for making informed decisions in their renewable energy projects. Pexapark also provides advisory services that assist clients in navigating market complexities, further solidifying its role as a trusted partner in the energy transition.In September 2023, Pexapark AG raised EUR 20 million in Series C funding to develop its PPA transaction advisory services and expand its market reach. The company is focusing on enhancing its product offerings and is exploring additional geographical markets, particularly in North America and Europe. These initiatives are aimed at leveraging the recent funding to support the development of new products and to bolster its presence in these targeted regions.

## Funding rounds

- Series C, Sep 26, 2023, $21M — Titanium Ventures, Swisscom Ventures, A&G
- Series B, Jul 11, 2022, $8.1M — Encavis, S&P Global Inc., BayWa r.e. Energy Ventures, RP-Global, Fluence Energy, LLC
- Series B, Jun 22, 2020, $6.7M — Encavis, BayWa r.e. Energy Ventures, RP-Global

## Investors

- Encavis — Series B
- BayWa r.e. Energy Ventures (https://capitalatlas.ai/funds/baywa-r-e-energy-ventures) — Series B
- RP-Global — Series B
- S&P Global Inc. — Series B
- Fluence Energy, LLC — Series B
- Titanium Ventures (https://capitalatlas.ai/funds/titanium-ventures) — Series C
- Swisscom Ventures (https://capitalatlas.ai/funds/swisscom-ventures) — Series C
- A&G (https://capitalatlas.ai/funds/a-g) — Series C