Nubila Kickstarts Fundraising Round Led by IoTeX, VeChain and Other Leading Investors
We’ve told you about our vision of shaking up the ESG data landscape!
In just a short time, an increasing number of “Nubies” have aligned with Nubila’s mission to reshape sustainability efforts through our comprehensive ESG solutions. Today, we’re thrilled to share another significant achievement: Nubila has has kicked off its fundraising round. The on-going round is led by IoTeX and VeChain + Boston Consulting Group, with the participation from, OrangeDAO, MH Ventures, Future Money Group, SNZ holdings, DePINsurf, Kronos Research, Taisu Ventures, Bytetrade, WaterDrip, Deepin Lab, Assembly Partners, Cyber, Radiance Ventures and Genopets.
“Nubila is at the forefront of leveraging AI and tokenization to transform ESG data management,” said Raullen Chai, Co-founder, IoTex. “Their approach to creating a decentralized ESG network of community-owned devices, delivering hyperlocal weather data to enhance predictions for various industries is revolutionary.”
A Stride towards the Largest ESG Data Oracle
The goal is still clear: Nubila is building the largest ESG Data Oracle. With the investment, we are set to significantly accelerate our efforts and scale our technology. This financial boost enables us to enhance our data collection capabilities, AI integration to refine data processing, and expand our reach to new markets worldwide.
Nubila’s approach is inherently multidisciplinary, relying on a synergy of over 20 years of combined expertise in hardware, artificial intelligence, and blockchain technology. With the resources and support from IoTeX and VeChain, it will further allow Nubila to build a strong foundation for all the integration and development across various ecosystems.
“At Nubila, we are committed to building the infrastructure for the MachineFi revolution, serving as the ‘sensor layer’ for our planet,” said Benson, Founder of Nubila. “Our vision is to create a comprehensive network of advanced weather stations and sensors that capture critical environmental data. This data will not only enhance ESG assessments but also drive more informed and sustainable decision-making across industries.”
Only a Start!
The investment is truly an important milestone for Nubila, but it is also only a start. More than just financial support, this funding round serves as a vital affirmation of our vision’s feasibility and potential for substantial impact.
Lastly, can’t emphasize this enough: stay tuned for more updates as we build the largest and most impactful ESG Data Oracle!
About Nubila
Nubila is a pioneer in the Environmental, Social, and Governance (ESG) data sector, dedicated to transforming sustainability initiatives through innovative solutions. By building the largest ESG Data Oracle within the DePIN ecosystem, Nubila leverages AI and ESG tokenization to empower decision-making, drive sustainable development and build financial products.
