About IncubEx
IncubEx is a company based in Chicago (United States) founded in 2016 by Daniel Scarbrough and Michael MacGregor. It operates as a Brokerage / Intermediation and Two-Sided Marketplace. IncubEx has raised $33.92 million across 4 funding rounds from investors including Orsted, AMP Clean Energy and Soeren Scherfig. IncubEx has completed 1 acquisition, including Insurwave. IncubEx offers products and services including Emissions Products, Renewable Energy Certificates (RECs), and Renewable Fuels.
- Headquarter Chicago, United States
- Founders Daniel Scarbrough, Michael MacGregor
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website theincubex.com
- Social LinkedIn X YouTube
- Legal Name Incubex, Inc.
Products & Services of IncubEx
IncubEx offers a comprehensive portfolio of products and services, including Emissions Products, Renewable Energy Certificates (RECs), and Renewable Fuels.
Futures and options for emission allowances are offered.
Certificates for renewable energy compliance are provided annually.
Futures for renewable fuel standards are traded regularly.
Apps and channels of IncubEx
its YouTube channel IncubEx - Building Tomorrow's Markets has 52 subscribers.
Funding Insights of IncubEx
IncubEx has successfully raised a total of $33.92M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $15 million completed in June 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $33.92M
- Total Rounds 4
- Last Round Series B — $15M
- First Round $2.13M
(Mar 2018)
- Investors Count 3
All 4 funding rounds of IncubEx with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2023 | $15M | Series B | – | – | – |
| Apr 2021 | $11.79M | Series B | – | – | – |
| Apr 2020 | $5M | Series A | – | – | |
| Mar 2018 | $2.13M | Seed | – | – |
3 investors in total: 2 institutional and 1 angel.
Investors in IncubEx
IncubEx has secured backing from 3 investors, including institutional and angel investors. Prominent investors backing the company include Orsted, AMP Clean Energy and Soeren Scherfig.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Power generation via bioenergy, thermal, and wind sources is offered. | 2006 | orsted.com | Fredericia, Denmark | |
Provider of heat decarbonisation, grid flexibility, and energy services | 2006 | ampcleanenergy.com | Liverpool, United Kingdom | |
SS Soeren Scherfig | - | – | unknown_d9812d87ae66456e9 | - |
Investor details for IncubEx
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of IncubEx
5 people are tracked at IncubEx (5 in leadership).
| Name | Role | Group |
|---|---|---|
Daniel Scarbrough | Co-Founder, President & COO | Leadership |
Michael MacGregor | Co-Founder & CEO | Leadership |
Michael Walsh | Managing Director | Leadership |
Nathan Clark | Managing Director of North America | Leadership |
Richard Wilson | Managing Director | Leadership |
Complete people profiles for IncubEx
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by IncubEx
IncubEx has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Insurwave.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Blockchain-enabled software suite is offered for marine insurance. | insurwave.com | London, United Kingdom | 2018 | Nov 2021 | •••• |
Complete acquisition details for IncubEx
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of IncubEx
4 dated milestones of IncubEx across 7 years, from founding to its latest funding, stage changes and deals.
- Founded IncubEx is founded.
- Funding First funding round of $2.1M.
- Acquisition Acquires Insurwave.
- Funding Latest funding round, Series B, of $15.0M.
Web traffic of IncubEx
The website of IncubEx (theincubex.com) receives about 2.6K visits a month.
- Monthly visits2.6K
▲ 7.3% vs previous month
Websites whose visitors overlap most with IncubEx. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| resource-solutions.org | 100% | 10.3K | #2,477,053 | View details | |
green-e.org | green-e.org | 100% | – | #2,683,483 | – |
Similar companies to IncubEx
10 companies that operate in the same segment as IncubEx (Climate & Impact Investment Funds), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Venture capital firm offering seed funding and support to startups in technology and innovation sectors. | 2014 | Mumbai, Maharashtra, India | – | – | – | |
Impact investing in agriculture, water access, and microfinance across emerging markets. | 2001 | Antwerp, Belgium | – | USD 1.6 M | – | |
Investments in private markets, real assets, and sustainability strategies by an international firm. | 2010 | New York, New York, United States | – | – | – | |
Healthcare investments focused on accessibility, affordability, and ESG integration in India. | 2011 | Mumbai, Maharashtra, India | – | USD 813.38 K | – | |
Impact investing in emerging markets through private equity and credit services. | 2007 | Chicago, Illinois, United States | – | – | – | |
Impact investing in SMEs with focuses on climate action, livelihood, and gender equity. | 2013 | Amsterdam, Netherlands | – | – | 1 | |
Energy transition investments and carbon offset initiatives in India. | 2022 | Bengaluru, Karnataka, India | – | – | – | |
Audit, tax, and business advisory services are provided across industries. | 2006 | San Francisco, California, United States | – | – | – | |
Investment in CLOs and corporate credit assets for yields and returns. | 2012 | Old Greenwich, Connecticut, United States | – | USD 47.29 M | – | |
Sustainable investments are managed through an infrastructure fund. | – | Abu Dhabi, Abu Dhabi, United Arab Emirates | – | – | – |
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Frequently Asked Questions about IncubEx
IncubEx was founded in 2016 and raised its 1st funding round 2 years after it was founded.
IncubEx is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Michael MacGregor is the current CEO of IncubEx. They have also founded this company.
IncubEx is a funded company, having raised a total of $33.92M across 4 funding rounds to date. The company's 1st funding round was a Seed of $2.13M, raised on Mar 2018.
IncubEx is involved in the development of products and markets for environmental, climate risk, and related commodities. The company operates in global exchange-traded and over-the-counter markets, offering a wide range of solutions including emissions futures, renewable energy certificates, and renewable fuels. Partnerships with exchanges like EEX and Nodal Exchange enable the listing of innovative contracts. Sectors served include environmental markets and climate risk management, with a focus on creating tools for hedging and trading in renewable power attributes and carbon offsets.
IncubEx offers Emissions Products, Renewable Energy Certificates (RECs), and Renewable Fuels.
IncubEx has made 1 acquisition, including Insurwave.
IncubEx has 3 investors. Key investors include Orsted, AMP Clean Energy, and Soeren Scherfig.
IncubEx operates through Incubex, Inc..