What are Renewable Energy Certificates? 3 Billion KRW Floods in as CnerG Expands International Trades

Demand for renewable energy certificates (REC), which certify the use of renewable energy, is increasing, and cross-border REC trading is becoming more active. Against this backdrop, REC trading platform company CnerG raised 3 billion KRW in investment. CnerG is expected to seek Series A funding in 2025, with this round serving as a bridge between their 2022 pre-series A and the upcoming series A.

Clean Energy Transaction Platform 'CnerG' Raises 3 Billion KRW in Investment

CnerG, the operator of the clean energy trading platform 'CnerG Platform', announced on the 16th that it raised 3 billion KRW in investment. Participants in this round included Quantum Ventures Korea, Hanwha Investment & Securities, SGC Partners-DSN Investment consortium, and Brite Energy Partners. This is CnerG's first investment in approximately two years, following their pre-series A round in 2022, where they secured investments from KB Investment, Hana Ventures, Hi Investment Partners, and BNK Ventures. As a fintech company in clean energy, CnerG attracted significant interest.

Clean Energy Trading Platform CnerG Secures 3 Billion KRW in Pre-Series A Funding

CnerG, a global clean energy trading platform, announced on the 8th that it had successfully raised 3 billion KRW in investment. This bridge round falls between the pre-series A in 2022 and the series A planned for 2025. The investment was secured from Hanwha Investment & Securities, Quantum Ventures Korea, SGC Partners-DSN Investment, and Brite Energy Partners. A CnerG representative noted that despite the cooling investment environment, investors approached them first, recognizing the platform's potential.

Clean Energy Trading Platform ‘CnerG’ Raises 3 Billion KRWin Investment

CnerG, an operator of a clean energy trading platform, raised 3 billion KRW in new investment. According to financial investment sources on the 7th, CnerG secured investments from Hanwha Investment & Securities, Quantum Ventures Korea, SGC Partners-DSN Investment, and Brite Energy Partners. This bridge round comes between the pre-series A round in 2022 and the series A round planned for next year...

Clean Energy Trading Platform 'CnerG' Raises 3 Billion KRW in Investment... 4 Companies Including Hanwha Investment Securities Participate

CnerG, a global clean energy trading platform company, successfully raised 3 billion KRW in investment. CnerG secured investments from Hanwha Investment & Securities, Quantum Ventures Korea, SGC Partners-DSN Investment, and Brite Energy Partners. This round acts as a bridge between the pre-series A round held in 2022 and the series A round planned for next year.