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Brazil-Based Nextron Announces R$26M Series A

March 6, 2024Client News

Gunderson Dettmer represented Brazil-based client Nextron, a clean energy marketplace, in its R$26 million Series A financing led by Copel Ventures and Vox Capital. The company connects consumers to renewable energy plants to facilitate access to clean energy through smart technology, creating simple and safe value-added products. The new capital will be used to help Nextron Energia scale and expand throughout the rest of the country.

In the announcement of the transaction, Nextron CEO Ivo Pitanguy said, “Today only large industries have the freedom to choose where the energy they use comes from. What we do is democratize this freedom of choice and access to cheaper clean energy. I am very confident that Brazil will be the protagonist in the energy transition at a global level”

The Gunderson Dettmer deal team was led by Christel Moreno and included Rafa Bellaver and Arthur Dalmarco.

Companies
Nextron Energia 
Copel Ventures 
Vox Capital