Maxwellspark announced that it has received ?14.1582 million in funding from Alantra Private Equity, Enagás Emprende, Chevron Technology Ventures L.L.C., Idemitsu Kosan Co.,Ltd., Fairtree Elevant Ventures Management B.V.
On October 24, 2025,maxwellspark closed the transaction. The company has raised ?5.1582 million in its final tranche bringing total funding raised in the transaction to ?14.1582. The final tranche was led by existing investors Klima Energy Transition Fund, Fcr, Alantra Private Equity and included participation from new investor Chevron Technology Ventures L.L.C., Idemitsu Kosan Co.,Ltd. The company has issued convertible preferred stock in the transaction.
Idemitsu Kosan Co Ltd is Japan-based company primarily engaged in fossil fuel-related businesses. The Company operates five business segments. The Fuel Oil segment is engaged in the production, sales, import & export, and trading of refined petroleum products. The Basic Chemicals Segment is engaged in the production and sale of olefins and aromatics products. The High Functional Materials segment is engaged in lubricants, functional chemicals, electronic materials, functional pavement materials, and agribio products. The Power & Renewable Energy segment is engaged in power generation (includes thermal, solar, wind), power sales, and solar cell operations. The Resources segment is engaged in exploration, development, production, and sales of energy resources such as crude oil, natural gas, and coal. The Company also conducts insurance and intra-group service businesses.
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Maxwellspark announced that it has received ?14.1582 million in funding from Alantra Private Equity, Enagás Emprende, Chevron Technology Ventures L.L.C., Idemitsu Kosan Co.,Ltd., Fairtree Elevant Ventures Management B.V.