The company’s automated bilateral contract settlement technology to play a critical role at the time of surging energy demand

CFEX, Inc. announced today that it has secured a new round of investment led by Mobilize Energy Capital, a leading energy technology fund. TSV Capital, an AI-focused venture fund, and Accurant International, CFEX’s current investor, also participated. The new funding will be used to accelerate the go-to-market of its automated bilateral contract settlement technology for energy buyers and sellers.

“We are excited to announce the new investment and appreciate the support from our current and new investors,” said Jian Zhang, Founder and CEO of CFEX. “This investment comes at a time when the industry is gearing up to meet the surging demand for energy, driven by electrification and AI workloads. Having been validated by some of the world’s largest energy buyers and sellers through commercial contracts and pilot projects, we are ready to bring the technology to the market.”

A great majority of both renewable and non-renewable energy is bought and sold at the wholesale level with complex bilateral contracts. However, almost all of these bilateral transactions are settled manually due to the complexity and variability of the contractual terms. CFEX has developed the industry’s first technology to streamline and automate these complex bilateral energy transactions.

“With AI data centers’ insatiable demand for energy, PPA contracts are increasingly becoming the tool of choice to build an all-of-the-above energy supply portfolio, in front and behind the meter,” said George Manahilov, Mobilize’s Managing Partner. “As a former energy project developer, we saw firsthand the challenges of operating these contractual relationships and the value of CFEX’s technology.”

“Energy fuels the AI revolution,” said Eugene Zhang, Founding Partner at TSV Capital. “At TSV Capital, we invest across the AI value chain. CFEX provides a critical transaction technology to deliver energy to AI data centers.”

At the core of CFEX’s automated contract settlement technology is its Contract Rule Engine, which can be used to convert energy contracts into settlement-grade software models, regardless of their complexity and variability. With CFEX’s technology, both buyers and sellers can now not only automatically settle transactions with precision and accuracy at the end of the month, but also track who-owes-whom-what, on a daily basis, so that both parties know their financial position.

About CFEX, Inc.

CFEX automates bilateral transactions between buyers and sellers of renewable and non-renewable energy and streamlines their internal energy management processes. The company’s Carbon-Free Energy Cloud application suite automates revenue tracking, billing, settlement, and energy attribute management for sellers (energy producers) and cost tracking, invoice reconciliation, and decarbonization of energy-related emissions for buyers (enterprises and utilities). By automating these otherwise manual processes, CFEX enhances operational efficiency, reduces transaction errors, increases transaction accuracy, improves auditability, and ultimately provides a scalable transaction platform to power the transition to clean energy. For more details, see www.cfexcloud.com.

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We are excited to announce the new investment and appreciate the support from our current and new investors