Validere

Validere in its US$43 million Series B financing round

Client

Validere

Value

US$43 million

Service

Emerging and High Growth Companies

Date Closed

March 2022

Industry

Technology

Lead Office

Toronto

 

On March 15, 2022, Validere announced it had completed its US$43 million Series B financing round led by Mercuria Energy and select funds and accounts managed by BlackRock, with participation from Nova Fleet, Pioneer Fund and Natural Gas Innovation Fund, Wing VC and Greylock Partners. Validere will use the financing to scale its all-in-one commodity management platform. Validere is the only platform that integrates data and insights on ESG markets with traditional commodity markets, giving clients a holistic picture for their core business decisions.

Validere is the leading all-in-one commodity management platform for the energy industry.

Osler, Hoskin & Harcourt LLP advised Validere with a team consisting of Chad Bayne, Gary Marshall and Satnam Dosanjh (Emerging and High Growth Companies).