London-based Vortexa, a leading provider of real-time energy and freight analytics, has secured €23 million in debt financing from CIBC Innovation Banking.
The funding will support Vortexa’s global expansion and further development of its cutting-edge platform, which delivers AI-driven insights into global energy markets.
Expanding Market Reach
Vortexa provides real-time data on crude oil, refined products, LPG, and LNG, helping traders, analysts, and freight professionals make informed decisions. The company’s platform combines AI with human expertise to offer detailed market insights, improving operational efficiency for clients that include oil supermajors, trading houses, and investment banks.
Accelerating Innovation
The financing comes nine months after Vortexa raised €31 million in a Series C round led by Morgan Stanley, positioning the company for further growth. CEO Fabio Kuhn emphasized the strategic value of partnering with CIBC Innovation Banking, noting that the funding will allow the startup to enhance its platform and continue innovating within the energy and freight markets.
With this fresh capital, the company aims to expand its international presence and strengthen its capabilities in providing actionable intelligence to global markets.