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Venture Capital News: Molecule Scoops Up $12M Series A Round

2021-05-06
HOUSTON, TX, Molecule, the leading SaaS platform powering the energy transition, announced the close of their $12 million Series A preferred round of funding.
The investor group includes Mercury, a Houston-based early-stage venture capital firm that was an early believer in the Molecule team.

Molecule is the leader in cloud-native ETRM/CTRM. We make reliable, easy-to-use SaaS software for commodity traders, risk managers, and operations teams at hedge funds, marketers, hedge advisors, IPPs, and world-scale energy and PE firms - in power, gas, crude, refined products, chemicals, and agricultural products. Our customers can go home earlier because Molecule automates routine tasks and complex position, P&L, and risk calculations. Learn more about Molecule at https://www.molecule.io.
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