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Quantum Commodity Intelligence completes £12.5m Series A funding
QCI will use the capital to broaden its existing services, expand its global presence and launch additional commodity verticals associated with the energy transition.
"Through the company's deep expertise in multiple commodity markets, QCI is providing essential commodity intelligence to some of the world's biggest companies that are most exposed to the energy transition. The commodity intelligence and benchmark space is changing and QCI is best placed to gain market share from incumbents and take a key position in nascent sectors," said Christopher De Souza , Partner at Elephant.
Quantum Commodity Intelligence is the world's first price reporting agency dedicated to providing commodity market intelligence for energy transition and carbon markets. London -headquartered, the company provides commodity benchmarks for carbon offsets, crude and oil products, biofuels and environmental certificates as well as ammonia. In addition to its benchmark pricing, QCI offers clients access to real-time, market-moving news and data. Founded by industry experts in 2021, it has registered offices in London , Dubai and Singapore . Its clients include energy majors, law firms, consultants, governments as well as suppliers and buyers of low-carbon commodities who use QCI proprietary price assessments and intelligence to manage risk. Nearly 40,000 industry professionals have accessed QCI services since October 2021 and the company has clients in more than 100 countries.
www.qcintel.com
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