Technical.ly: Climate tech startup Crux just raised $4.25M

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Crux, currently a 16-person company, developed a platform for transferable tax credits from clean energy projects. Johnson, an alum of BlackRock, the Treasury Department and other government work, said that the company was created in response to the Inflation Reduction Act (IRA). With that legislation, it became legal for companies to transfer tax credits in exchange for cash.