Aditya Hadi Pratama · · 1 min readHong Kong climate tech startup secures $6m from Nomura-led round
Allinfra, a Hong Kong-based blockchain startup providing climate-focused solutions, has raised US$6 million in a series A funding round led by financial services firm Nomura.
Allinfra CEO Dave Sandor / Photo credit: Allinfra
Founded in 2018, Allinfra allows users to store, use, or monetize their climate-relevant information on a blockchain-based network. It has two main solutions: data management software Allinfra Climate and asset tokenization platform Allinfra Digital. In a statement, the company said its solutions can solve reliable and auditable data collection issues related to environmental finance.
The firm currently has solar and wind energy projects across Indonesia and Malaysia as well as a sample data initiative in Hong Kong.
Allinfra was founded by Dave Sandor, who previously held leadership roles in financial institutions such as Goldman Sachs and Morgan Stanley, and Bill Kentrup, who has experience in several clean energy companies.
The climate tech startup plans to use the fresh funding for product development and sales purposes.
See also: Dutch startup plans to keep Southeast Asia afloat – literally
Editing by Miguel Cordon and Lorenzo Kyle Subido
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