UrbanChain, founded in 2017 and headquartered in the United Kingdom, is spearheading the creation of local energy communities by leveraging renewable resources. The company operates at the intersection of multiple industries, including AI, Blockchain, Energy, Information Technology, Renewable Energy, Clean Energy, and Machine Learning.
With the slogan, "Our tech creates local energy markets to connect buyers and sellers," UrbanChain is innovating by using technology to create seamless local energy markets. Their AI-driven platform facilitates connections between energy generators and local consumers, ensuring the efficient distribution and consumption of clean energy.
The company's progress is underscored by a substantial £50.00M Series B investment secured in December 2024, with notable backing from investors such as KPMG and Eurazeo. This investment is a testament to the growing confidence in UrbanChain's potential to transform local energy ecosystems.