BLIXT secured €5 million in seed funding led by Union Square Ventures and Energy Revolution Ventures to develop software-controlled electricity technology.
Mar 21, 2024•over 1 year ago
Amount Raised
€5 Million
Round Type
seed
Investors
Energy Revolution VenturesUnion Square Ventures
Description
BLIXT, a Stockholm-based startup, secured €5 million in seed funding from investors including Union Square Ventures and Energy Revolution Ventures. The funding will be used to expand production, scale up operations, and further develop their software-defined power systems.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers