Nox Energy Raises $3M Seed Led by Rise Proptech

NOX Energy raises $3M Seed led by Rise PropTech.

Other participants in the funding round include Volve Capital, Seeder Fund, Uneti Ventures, Fair Capital Impact Fund, and 100in. The company aims to expand its operations beyond Belgium and the Netherlands, enhancing the optimization of existing applications used by manufacturers and suppliers.

NOX Energy develops software for linking home heat pumps to power markets. The company is led by CEO Axelle Moortgat.

Company	NOX Energy
Round	Seed
Amount	$3M
Lead Investor	Rise PropTech
Investors	Volve Capital, Seeder Fund, Uneti Ventures, Fair Capital Impact Fund, 100in
Founders	Axelle Moortgat, Louis Clermont, Martin Michaux
Sectors	Energy