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Premier Silicon Valley Vc Firm, Aka Angel, To Invest In Pledge Finance, The World’s Leading Marketplace For Financial Nfts

Premier Silicon Valley Vc Firm, Aka Angel, To Invest In Pledge Finance, The World’s Leading Marketplace For Financial Nfts

02/04/22, 11:00 AM
PALO ALTO, CA / February 4, 2022 / Committed to being the first marketplace for bitcoin loans, Pledge is thrilled to announce an investment from US-based investor Gianfranco Filice, through his angel fund AKA Angel. As a venture partner at OVO Fund focusing exclusively on Web3 investments, Filice's investment signals confidence in strong returns when investing inlonger-term loan products for the crypto ecosystem.

Company Info

Company
Pledge
Additional Info
Pledge has been operating in closed beta until now. Founded by early Revolut employees David de Picciotto and Thomas Lucas, as well as Freetrade’s co-founder and former CTO André Mohamed, Pledge will start with logistics and transportation. Pledge says companies will be able to measure and mitigate their shipments, rides, deliveries or travels to reach carbon neutrality by integrating the Pledge API. Pledge says its emissions calculations will follow global standards, including the GHG protocol, the GLEC framework as well as the ICAO methodology while complying with ISO standards. The key to it all is that Pledge says its platform will allow companies able to to purchase a fraction of a carbon credit (similar to retail investors purchasing a fraction of a stock) while offering access to balanced portfolios encompassing different methodologies and geographies (similar to an ETF).David de Picciotto, co-founder and CEO of Pledge said: “Currently, there is no easy and scalable way exists for companies of any size to understand and remove their emissions. We started Pledge to enable any company to launch high quality and verified climate products in the easiest and fastest way possible.”Robert Lacher, Co-founder and Partner of Visionaries Club said: “Pledge is building pipes for any business to launch applications to measure and mitigate their environmental impact. Plus, smaller companies want to access high-quality carbon credits, but calculate their impact at a product, services and transactional-level, and be able to purchase a fraction of a carbon credit rather than a very inaccurate “scheme.”Pledge is a startup which is aimed at industries like freight forwarding, ride hailing, travel, and last-mile delivery, where customers can be presented with how to add offsets to their transactions.