Xpansiv operates a market-infrastructure platform connecting buyers and sellers of environmental commodities and supplying market data for voluntary carbon offsets, renewable energy credits (RECs), and low-carbon fuels. Its business units include CBL (the largest spot exchange for ESG commodities), H2OX (a spot exchange for water in Australia), XSignals (end-of-day and historical market data), and EMA (a multi-registry portfolio management system for ESG-inclusive commodities). The company supports corporate decarbonization efforts and aims to scale markets across renewable energy, digital fuels, and related products. Xpansiv completed acquisitions of SRECTrade, HVB, and OTX in 2021 and made an investment in APX, reflecting an acquisition-driven growth strategy. Blackstone’s $400 million strategic investment is intended to fund organic growth, expand offerings, and enable future acquisitions. Perella Weinberg Partners served as financial advisor to Xpansiv; Morrison & Foerster and Clifford Chance served as legal counsel to Xpansiv, while Kirkland & Ellis and Clayton Utz advised Blackstone. Xpansiv CBL Holding Group operates as a marketplace for clean commodities. The company is based in Australia. It has raised $40 million in a pre-IPO funding round. The round was completed ahead of a planned listing in Sydney this year. The article does not provide operating metrics, investor names, or other financial details. No information on past rounds or founding year was included in the coverage. Xpansiv CBL Holding Group (XCHG) runs a platform that integrates a global spot commodity marketplace with a common system of record for commodity data, enabling buyers and sellers to transact data-driven, ESG-inclusive commodity products. The platform records real-world characteristics in an immutable profile so commodities can be valued based on previously invisible information. XCHG brands this capability as powering the Digital Commodity Ecosystem™ and enabling “Intelligent Commodities™.” The company highlights new tradable digital products tied to environmental provenance, including low-GHG cement and energy products valued by methane emissions and water utilization. Management says the additional capital will provide resources to execute its 2020 operating plans and extend its lead in defining the future of commodities in a data-rich, resource-constrained world. The company is presented in the announcement from San Francisco. Xpansiv operates a platform for Intelligent Commodities that transforms primary production data into "Digital Feedstock," a data format combining data science, cryptography and distributed-ledger technologies. The company’s technology is designed to securely deliver science-based, data-driven information to global markets so participants can assess and transact commodities with richer source data. Xpansiv says Digital Feedstock embeds information vital to commodity value in today’s complex marketplace. The company has formed a partnership with CBL Markets, a global spot exchange operator for environmental commodities. Xpansiv is also working with BP to convert some of its natural gas production data into Digital Feedstock, enabling BP to offer differentiated products derived from source data. Joe Madden is Co-Founder and CEO. The company recently completed a $10M Series A financing.

Total raised

$475M

Funding rounds

4

Latest round

Equity

Latest activity

Jul 2022