Capital investment transforms Richmond data analytics company
July 17, 2024, Denver, Colorado -
ZE Power has been renamed as ZEMA Global Data Corporation.
Richmond-based ZE Power has received a significant investment from FTV Capital and has been renamed ZEMA Global Data Corporation.
ZE Power was founded by Dr. Zak El-Ramly and provides data and analytics solutions to large multi-national organizations in the energy and commodities industry.
ZEMA Global Data Corporation announced Tuesday it has secured a significant growth equity investment from FTV Capital, an investment firm with a 25+-year track record of investing in enterprise and financial technology.
Alongside FTV Capital’s investment, ZEMA also announced the appointment of Andrea Remyn Stone to the role of chief executive officer, effective immediately.
Most recently, Stone was the CEO of the data and analytics division of the London Stock Exchange Group (LSEG), where she accelerated the growth of its data and analytics division (formerly Refinitiv) while reshaping the business portfolio and refocusing large-scale data and desktop platforms.
Stone led transformations with several global fintech organizations including Bloomberg, S&P Global, Dealogic and ION. In 2022, she was named to the inaugural TabbFORUM 40 Top Innovators in Financial Markets.
El-Ramly will continue to be involved in the business, assuming the role of chairman of ZEMA and working alongside Stone to continue driving the company’s vision and growth trajectory.
Interested in learning more? Read the full article by Richmond News.
For media inquiries please contact:
Claire Peel,
Chief Marketing Officer
Direct: +447801932631
Email: claire.peel@ze.com