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MioTech Completes Funding Round to Solidify APAC Climate Tech Leadership

Jan 29, 2024almost 2 years ago
Hong KongFinancial Services

Investors

J.P. MorganGicGuotai Junan InternationalHsbcMoody'sTom GroupHorizons VenturesZhen Fund

Description

MioTech announced the successful closure of a new round of financing, with investors including ZhenFund, Horizons Ventures, TOM Group, Moody's, HSBC, Guotai Junan International, GIC, and J.P. Morgan. The fundraise will be used to drive revenue growth, research and development in green technology, and expand market penetration across APAC.

Company Information

Company

Miotech

Location

Hong Kong, Hong Kong SAR, China

About

Innovate for a Sustainable Future. MioTech uses artificial intelligence to solve the sustainability, climate change, carbon emissions reduction, and social responsibility challenges faced by financial institutions, corporations, governments and individuals. Its comprehensive coverage of ESG data helps financial institutions make the right decisions in green finance and responsible investments. Its software helps corporations manage ESG reporting, improve energy efficiency, track and reduce carbon emissions. Its app builds green-conscious communities and promotes low-carbon lifestyles among individuals.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers