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Crux Raises $50M to Revolutionize Climate Tech Marketplace

4/18/2025

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Summary

Story summary

Crux, a climate technology company founded in 2023, is based in New York.
It secured $50 million in a successful Series B funding round, raising a total of $77 million.
The company offers a marketplace for financing projects through tax credits and debt capital.
Plans are in place to grow the team from 40 to 70 employees and incorporate AI.
Crux focuses on meeting energy demands for infrastructure projects, including data centers.

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Story summary

Crux, a climate technology company founded in 2023, is based in New York.
It secured $50 million in a successful Series B funding round, raising a total of $77 million.
The company offers a marketplace for financing projects through tax credits and debt capital.
Plans are in place to grow the team from 40 to 70 employees and incorporate AI.
Crux focuses on meeting energy demands for infrastructure projects, including data centers.