Xergy raises £4.3m in Series A+ funding to scale its energy sector operating system
The Aberdeen technology startup secured backing from investors including Scottish Enterprise to expand its Proteus software platform.
Xergy provides project management software called Proteus, helping organisations streamline complex operations and improve delivery performance. The company operates globally with offices across the UK, the Middle East, and Australia.
Aberdeen technology startup Xergy has secured £4.3m in a Series A+ funding round. The capital was backed by existing investors, including Scottish Enterprise, alongside early customers of its Proteus platform.
The fresh funding will support the company as it expands the reach of its software platform, which helps businesses manage complex engineering projects and adapt to leaner operating models. Scottish Enterprise contributed £1m to the raise, building on previous grant support.
The investment arrives as demand grows for digital tools that facilitate remote and hybrid work within the energy industry.
From the founder
"We are delighted to today be announcing the successful close of our fundraise."
James McCallum
Co-Founder and Chairman at Xergy
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About the company
Xergy
Xergy develops project management software for complex global teams.