Singapore-based Energy Startup Electrify Raising $5M in Series A

Electrify, an energy startup behind Singapore’s first retail electricity marketplace Electrify.sg, is targeting to raise up to $5 million in its Series A funding round that it aims to close before the end of this year.

Established in 2017 by Julius Tan, Electrify last raised $30 million in March 2018 via token sales, funding its goal of making electricity more affordable and accessible in Southeast Asia.