Energy Blockchain Startups Raised $324 Million in the Last Year. Where’s the Money Going?

By [email protected] There are now 122 blockchain startups operating in the energy space. Since January of last year, 54 new firms have launched.

“There’s a new company just about every week,” said Colleen Metelitsa, a grid edge analyst at GTM Research who’s been tracking activity in the space.

It’s a sign that we’re in some kind of bubble. But it’s also a sign that blockchain is being taken seriously by energy companies. There are now over 70 demonstration projects deployed or planned around the world in the electricity industry alone, according to Metelitsa’s tally.

In 2015, Deloitte’s David Schatsky and Craig Muraskin wrote

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