May 31, 2021
Allinfra Welcomes New Funding
We’re very excited to share the news that we’ve closed a strategic round of funding from a broad group of aligned investors that share our approach in revolutionising the climate market.
When we set out to develop a solution to make infrastructure and environmental assets more accessible, easier to trade and more transparent, we took the view that a core piece of this solution would come from the collection of data that underpins these products — whether it be measuring the electricity production of a wind or solar asset, the carbon footprint of a building or factory, the electricity consumption of an electric vehicle or streamlining data collection and verification of forestry, agriculture and land use assets.
To this end, over the last 12 months we’ve developed our blockchain-based environmental platform, Allinfra Climate. This product helps institutions and other asset owners collect climate-relevant information directly from devices and delivers verifiable, auditable data for a variety of uses — from internal and external reporting to the creation of financial products, to the calculation of carbon footprint and energy consumption.
Backed by UPC Capital Ventures, BC Group, FJ Labs, ACRE Investment, ConsenSys and the significant shareholders of several Asia Pacific renewable energy platforms, this round of funding will see Allinfra further accelerate product development, continue its expansion across infrastructure, real estate and industrial asset types and deepen its offering in the forestry, agriculture and land use space.
This post originally appeared on Allinfra’s website at https://allinfra.com/blog/post/17
Learn more about what Allinfra Climate can do for your organisation.
