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UrbanChain Secures $62 Million in Series B Funding for Local Energy Community Initiative

Recently funded · $62.0M Series bEnergy

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UrbanChain is thrilled to announce a groundbreaking funding achievement, securing $62 million in our latest round of financing to accelerate the development of our innovative local energy communities powered by renewables. As a forward-thinking company dedicated to building sustainable energy markets, UrbanChain leverages cutting-edge technology to connect local energy generators with nearby consumers who seek clean, renewable energy sources. Our proprietary platform facilitates real-time transactions, creating vibrant local energy markets that empower communities while reducing reliance on traditional energy providers.

With this substantial investment, we aim to expand our AI-driven technology, which optimizes the flow of energy between producers and consumers, ensuring that every kilowatt produced is efficiently utilized. The funding will also allow us to enhance our outreach initiatives, creating partnerships with more local energy generators and increasing consumer engagement in our platform across diverse communities.

This funding round underscores the increasing recognition of the importance of local energy solutions in the fight against climate change. By empowering individuals and communities to harness and utilize clean energy, UrbanChain is committed to creating a sustainable future and shaping a resilient energy landscape. We invite media inquiries to explore how UrbanChain is revolutionizing the energy market and making a meaningful impact on local communities. For further information, please contact Alex at alex@bellpress.co.uk. This exciting journey is just getting started, and we can't wait to share our progress with you!

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