NEW YORK, NY, Apis Point Energy, a provider of innovative price risk management solutions, has closed an oversubscribed $4.2 million Series A funding round.
Apis Point Energy, a provider of innovative price risk management solutions for fuel dealers and commercial end-users, announced it has closed an oversubscribed $4.2 million Series A funding round.
The investment was led by Merrin Investors, LLC, the investment firm of FinTech pioneer Seth Merrin, founder of Liquidnet. Other strategic investors included Neal Shear, former Global Head of Commodities at Morgan Stanley and former CEO of Cheniere Energy, and Joseph Kekst, founding partner of Boxcar Partners.
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