Sustainability
Hong Kong greentech firm Ampd Energy raises $8M funding for global expansion
Ampd Energy (Ampd), a trailblazing startup and energy storage systems provider based in Hong Kong, has raised $8 million in an extension of Series A funding for global expansion. MTR Lab Company Limited (MTR Lab) has partnered with technology investors 2150 and Taronga Ventures to co-invest in Ampd.
MUFG, partners launch $1.5B climate and blended finance platform
Mitsubishi UFJ Financial Group (MUFG) has partnered FinDev Canada and a consortium of United Nations partners and platform-based initiatives to launch $1.5 billion climate and blended finance platform to address risks associated with climate change.
IFC invests $500M in Bank BTPN to strengthen climate action and boost inclusive development in Indonesia
The International Finance Corporation (IFC), a member of the World Bank Group, will invest up to $500 million in Indonesian lender PT Bank BTPN Tbk (BTPN), comprising a social bond and a green bond issuance.
Swiss impact investor responsAbility raises $106M for climate-smart agriculture and food fund
Swiss impact investor responsAbility has raised $106 million for its climate-smart agriculture and food fund that will invest in Asia Pacific, Latin America and Africa.
Singapore’s Integra Partners leads $7M funding round in Germany’s CleanHub
CleanHub, the Germany-based company that stopping plastic from entering oceans, has on Wednesday announced it has raised $7 million in funding led by Integra Partners and Lakestar.
Singapore-based climate-tech company Transitry secures $600,000 Pre-Seed funding
Transitry, a Singapore-based climate-tech company, has on Wednesday announced the successful completion of its Pre-Seed funding round, securing a total of $600,000. Prominent investors, including Info Edge Ventures, Plug & Play, Antler, and angel investors has contributed to the round.
SUSI Partners closes Southeast Asia Energy Transition Fund at $120M
Swiss infrastructure fund manager SUSI Partners has held a final closing for Southeast Asia Energy Transition Fund (SAETF) at the end of May, bringing total fund commitments to $120 million.
Solarvest announces grant recipient winners to five innovative start-ups
Malaysian clean energy expert Solarvest Holdings Berhad has officially announced five grant recipients for the Seed Grant Round of Solarvest Innovation Lab 2023 (SIL 2023). Irradisol, Flumen, DespaQ, Hydrozon, and Hexacycle emerged as the five chosen recipients under the Seed Grant Round for SIL 2023.
Sunway and UOB Malaysia ink partnership to advance net zero goal
Sunway Group (Sunway) and UOB Malaysia have inked a partnership which will see the two companies working together towards their shared mission to achieve net zero carbon emissions by 2050.
