Exchangium provides the energy industry with a community-oriented platform to buy & sell new & used parts, equipment & services.
Exchangium is a web platform that provides the energy industry with a secure, community-oriented environment to buy and sell new and used parts and equipment. It is unique in providing a one-stop shop approach through the addition of services, labor, classified advertising and partners offering specialty products and services. Similar platforms typically focus solely on parts and equipment. Exchangium supports the entire energy industry including gas, steam, wind, hydro, solar and nuclear power. Siemens Energy sponsors the platform and notable member companies include: BP, Calpine, Emerson, EthosEnergy, Siemens Gamesa, Engie, Lectrodryer, Groome Industrial Service Group, BNSF Logistics (a part of Berkshire Hathaway), Pioneer Motor Bearing Company, Entergy, Tata Power, AP+M, Caldwell Energy, Associated Electric Cooperative Inc, China National Offshore Oil Corporation, ExxonMobil and Duke Energy. As of June 2020 over 2300 companies hold memberships.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Oct 1, 2017 | Seed | $0.90M | 1 | Siemens AG | — | Detail |
May 1, 2017 | Seed | $600K | 1 | Siemens AG | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Siemens AG | Yes | Seed |