"Digital Feedstock provides the basis for the digital migration of a multi-trillion-dollar industry," said Joe Madden, Xpansiv Co-Founder and CEO. "The Xpansiv platform represents a paradigm shift in global commodity markets, and we've joined forces with leaders in the commodity sector—spanning production, trade, consumption, market-data distribution, and price reporting—in order to accelerate the digital transformation already under way." Xpansiv's investors include: BP Ventures, the venture arm of one of the world's leading energy producers and traders; Avista Development, a wholly owned subsidiary of Avista Corp. with a long history of energy market and technology innovation; S&P Global, a leading provider of transparent and independent ratings, benchmarks, analytics, and data to the capital and commodity markets worldwide; and EIC, a premier capital provider to innovators developing leading energy technologies.

https://www.prnewswire.com/news-releases/xpansiv-completes-strategic-10m-series-a-funding-round-with-investments-from-bp-ventures-avista-sp-global-and-energy-innovation-capital-300779046.html