Founded in response to industry demand for more competition and transparency within the market, General Index has grown dramatically – partnering with some of the world’s largest IOCs, NOCs and global traders – since its inception in 2020. General Index will use the funding to invest further in its unique technology and build out a global footprint from their London, Singapore and Houston offices: Enabling the firm to continue its disruptive, consistent and compliant approach, and paving the way for the new benchmarks of tomorrow.
Leading London VC Chalfen Ventures led the financing round with participation from twenty individual investors bringing expertise across technology, DeFi, blockchain, trading, energy and disruptive information businesses. The investors share General Index’s vision of building a platform providing accurate and transparent commodity pricing – and see this as key to a more fair and sustainable way of doing business.