At Molten Ventures, we believe real market transformation happens when legacy industries embrace advanced technology. That’s why we’re excited to announce our $10 million Series A extension round investment in General Index (GX), a London-based energy price benchmark provider revolutionizing commodity and energy pricing with transparent, technology-driven solutions. This investment will help General Index accelerate its growth, driving greater efficiency and innovation across global commodity markets.
Transforming Commodity Pricing for a New Era
Founded in 2020 and led by founder Neil Bradford, the company brings deep experience and a strong track record of value creation, with a leadership team that has successfully scaled businesses in this sector before. General Index offers a technology-first alternative to traditional price reporting agencies to deliver transparent and compliant pricing for energy and commodities markets. The company produces over 5,000 daily prices and is rapidly gaining ground in established markets such as crude oil, natural gas, refined products and LPG, as well as emerging energy sectors like carbon, hydrogen, and biofuels.
Already trusted by industry leaders such as Bloomberg, BP, and ICE, General Index is poised to become a leading global benchmark provider as demand for transparency and innovation grows in this multi-billion-dollar sector.
Why We’re Excited to Work with General Index
We see General Index as a potential global leader in a dynamic, fast-evolving market. Our experience in energy data and related investments gave us unique insight into GX’s value, and we have strong confidence in the team’s proven track record—essential in a sector challenging for newcomers. General Index is building the digital infrastructure these markets need, using advanced technology and AI to deliver real-time, transparent pricing for both established and emerging asset classes. Their ability to win major customers and scale quickly demonstrates their execution and impact, perfectly aligning with our thesis around energy data within increasingly complex and financialising energy markets.
Fuelling Growth and Innovation
Our investment will enable General Index to expand further into energy transition markets such as carbon, hydrogen, and sustainable aviation fuel, while supporting the development of the GX Go platform to enhance access to real-time, transparent data.
Watch the launch keynote of GX Go with Neil Bradford below:
What Our Team Says
George Chalmers, Head of Climate at Molten Ventures, commented:
“We’ve tracked General Index for over a year and have been consistently impressed by Neil and his team’s ability to win trust, deliver innovation, and drive adoption in a notoriously entrenched market. As energy markets evolve and new asset classes emerge, we believe GX is uniquely positioned to become the next global leader in commodity and energy data. We’re excited to support their journey and look forward to working closely with the team as they scale.”
Neil Bradford, CEO of General Index, said:
“We’re excited to work with Molten because our vision aligns with their investment thesis and they bring great expertise from similar investments. Molten’s investment is a strong endorsement of our vision to redefine commodity pricing and of the progress we’ve made so far. With their backing, we’re well positioned to scale our platform and bring the benefits of transparent pricing to an even wider range of markets.”
Welcome to the Molten family, General Index!
For more on our investment approach and portfolio, visit moltenventures.com