Houston startup Molecule raises $12M for software in energy, commodity trading sector

A local developer of software for the energy- and commodity-trading industry nabbed new growth funding.

Houston-based Molecule announced the close of a $12 million Series A funding round on May 6. Molecule develops cloud-based software offerings for commodity traders, risk managers, hedge funds, private equity firms, energy informatics companies and other customers that trade power, gas, crude, refined products, chemicals and agriculture commodities. The company’s software products automate market…

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