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January 23, 2024
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$41 Million Boost: Welligence Energy Analytics Gains Minority Growth Equity

Welligence Energy Analytics has raised $41 million in growth capital from various investors, led by Elephant. The funding will be used to enhance the company’s products, expand geographical data coverage, and enter new energy research verticals. Welligence currently operates in Africa, Asia, Europe, Latin America, the Middle East, and North America, and plans to open offices in new countries in the future. Welligence is a market intelligence firm specializing in global oil and gas markets, greenhouse gas emissions, and carbon capture storage and utilization projects.

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Voxel51 Secures $30M in Series B Round

TLDR: Voxel51, a visual AI company based in Ann Arbor, MI, raised $30M in Series B funding. The funding round was led by Bessemer Venture Partners and included participation from new investor
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