Klima Energy Transition, a late-stage venture fund, led a $210m funding round in Enmecc, an energy trading platform, with participation from Chevron Technology Ventures. “The energy markets are currently characterised by extreme price levels, unprecedented volatility and very low liquidity. This poses huge challenges for market participants. What is needed now, above all, are digital trading options that help participants expand their network of trading partners — and ultimately improve their liquidity. The current energy crisis shows that energy trading must evolve. It must become more digital and promote diversity in market structures. The energy transition can only succeed on the basis of efficient markets that provide economic incentives for decarbonisation,” Jens Hartmann, Enmacc CEO.