Nextron Raises US$ 5.3M in Series A Funding

Nextron Raises US$ 5.3M in Series A Funding

Nextron, a climate tech company based in São Paulo, Brazil, has successfully raised $5.3 million in Series A funding. The funding round was led by Vox Capital and Copel Ventures.

Under the leadership of CEO Ivo O. Pitanguy and CTO Roberto G. Hashioka, Nextron aims to democratize access to renewable energy and foster investment in distributed generation assets across Brazil. The company’s platform simplifies access to clean energy by connecting residential and commercial energy consumers to regional renewable energy projects through a subscription service. This service enables subscribers to enjoy savings on their electricity bills without the necessity of investing in or installing their own solar panels.

With the newly acquired funds, Nextron plans to expand its operations nationwide and scale its proprietary customer acquisition platform to accommodate over 50,000 subscribers by the end of 2024.

———-

If you are a proptech company and want to promote your products for free, go to proptechbuzz.com and submit your products. For investors or proptech buyers, sign up on our platform to stay informed about exciting updates and trends in the Proptech Ecosystem.

Explore more Proptech news at media.proptechbuzz.com, for news tips and promotions, reach out to marketing@proptechbuzz.com