Mercatus Raises $16.8 Million to Accelerate Power Producer Digitization with Energy Investment Lifecycle Management (ILM) Solution

Mercatus announced that it has secured $5.1M in additional funding as part of an extended Series B funding round. This brings the total for Series B funding to $16.8M.

Growing Corporate Procurement. Who Are the Next Global Players?

Corporate procurement is already quite popular in the US as companies such as Amazon, Google and Microsoft procure renewable energy to power their data centers, offices, and factories. As of last December, Amazon procured 650 MW, Google procured 565 MW and Microsoft 257 MW of clean power; the equivalent of two to three typical coal plants.