MioTech, a Hong Kong-based sustainability data and solutions provider, has raised an undisclosed sum from Guotai Junan International and GIC during a series B+ funding round.
The company’s earlier investors include ZhenFund, Horizons Ventures, TOM Group, Moody’s, and HSBC.
The firm said that it will use the latest funding to expand and accelerate its product development.
MioTech has developed advanced technical solutions to help corporations with ESG data reporting, energy efficiency management, carbon data tracking, and carbon reduction.
The company also recently launched its app Mio within WeChat to build green-conscious communities and promote low-carbon lifestyles among individuals.
“MioTech is committed to sustainable technology. With more and more world-renowned investors backing us, we look forward to scaling our technologies to serve more industries together with our investors and partners.”
said Jason Tu, Co-founder and CEO of MioTech.
Featured image: (L-R) Tao Liu Co-founder, CTO and Jason Tu, Co-founder and CEO of MioTech, image via MioTech
