Two Point O Capital raises $10M Series A led by Transition Venture Capital to expand clean energy financing for Indian businesses.
Amount Raised
$10 Million
Round Type
Series A
IndiaEnergyArtificial IntelligenceRenewable EnergySolarClean EnergyInvestors
Description
Two Point O Capital, a climate finance startup, has closed a $10 million Series A funding round led by Transition Venture Capital. Existing investor Omnivore and angel investors Chiranjeev Singh Saluja and Sudhir M Reddy also participated in the round. The company plans to use the capital to expand into new asset classes, particularly battery energy storage systems, and to grow its solar, energy efficiency, and wastewater treatment businesses. Two Point O will also enter high-energy sectors including data centres, automotive, pharma, manufacturing, and healthcare.
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