MioTech Completes Funding Round to Solidify APAC Climate Tech Leadership
Jan 29, 2024•almost 2 years ago
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.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers