{"id":38657,"date":"2024-04-02T10:30:46","date_gmt":"2024-04-02T10:30:46","guid":{"rendered":"https:\/\/cvx.vc\/?p=38657"},"modified":"2024-04-02T11:20:53","modified_gmt":"2024-04-02T11:20:53","slug":"cvx-invests-in-sustainability-and-electrical-infrastructure","status":"publish","type":"post","link":"https:\/\/cvx.vc\/no\/blog-2\/cvx-invests-in-sustainability-and-electrical-infrastructure\/","title":{"rendered":"CVX invests in sustainability and electrical infrastructure"},"content":{"rendered":"\n<p>CVX Ventures is proud to be part of an exciting journey towards transforming the world&#8217;s electrical infrastructure. We have finalized our second investment round with BLIXT, a company at the forefront of creating a smarter, safer, and more sustainable energy future. CVX has joined a \u20ac5 million seed funding round, co-led by Union Square Ventures (USV) and Energy Revolution Ventures (ERV).<\/p>\n\n\n\n<p>BLIXT has developed innovative technology that makes our electricity systems more efficient and adaptable. Imagine a world where the devices controlling electricity in our homes and businesses are not just on or off switches but intelligent systems that can manage energy flow in real time. That&#8217;s what BLIXT brings to the table with their groundbreaking products, BLIXT Zero and X-Verter\u00ae.<\/p>\n\n\n\n<p>BLIXT Zero is a new kind of switchgear that works incredibly fast, ensuring a stable and reliable power supply. The X-Verter\u00ae then takes it a step further by making energy storage more efficient, which is crucial for using renewable energy sources like solar and wind power.<\/p>\n\n\n\n<p>The importance of this technology cannot be overstated. As Charlotta Holmquist, President and Co-Founder at BLIXT, highlights, &laquo;To fully unlock our zero-carbon future, it&#8217;s urgent to address the limitations of our antiquated electrical infrastructure.&raquo; By making our energy systems more flexible and adaptable, BLIXT&#8217;s solutions pave the way for integrating more renewable energy into our grid, crucial for combating climate change and building a sustainable future. <\/p>\n\n\n\n<p>We at CVX Ventures are honored to become part of this investment round and are excited to follow BLIXT&#8217;s journey. A huge congratulations from us to the entire BLIXT team.<\/p>\n\n\n\n<p>Learn more <a href=\"https:\/\/news.cision.com\/blixt-tech-ab\/r\/blixt-secures--5-million-funding-to-revolutionize-electrical-infrastructure,c3948484\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CVX Ventures is proud to be part of an exciting journey towards transforming the world&#8217;s electrical infrastructure. We have finalized our second investment round with BLIXT, a company at the forefront of creating a smarter, safer, and more sustainable energy future. CVX has joined a \u20ac5 million seed funding round, co-led by Union Square Ventures [&hellip;]<\/p>\n","protected":false},"author":25,"featured_media":38652,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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