D

Drax Power

829 employees

Drax Group is engaged in the electricity generation; electricity supply to business customers.

Investor insights

Funding rounds participated in

$11M sweet spot round size

Most of their 3 investments are in rounds between $4.6M and $11M

Basic info

Industry

utilities

Sectors

Biomass
B2B energy supply
Logistics
Sustainability
Renewable Energy
Engineering
Electricity
Sustainable Energy
Grid Storage
Energy
Hydro
Science
Power Grid
Power
Electricity Generation
Gas
Electrical Distribution
Energy storage
Innovation
Forestry

Date founded

2005

Investments made

U

Undisclosed raised $12M on September 18, 2023

Investors: Northern Gritstone, Kiko Ventures and Drax Power

U

Undisclosed raised $11M on February 23, 2021

Investors: Drax Power

U

Undisclosed raised $4.6M on February 4, 2019

Investors: Drax Power

FAQ