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Fintech company Refy raises $525K pre-seed funding for green asset financing

Feb 28, 2024•over 1 year ago

Amount Raised

$525,000

Round Type

seed

SingaporeFinancial Services

Investors

Wavemaker Impact (W Mi)

Description

Refy, a green asset fintech financier in Southeast Asia (SEA), secured a pre-seed investment of $525,000 from Wavemaker Impact (WMi) to accelerate the deployment of small- and mid-sized green assets within the commercial and industrial (C&I) sectors.

Company Information

Company

Refy

Location

Singapore, Southeast Asia, Singapore

About

Our mission at Refy is to empower sustainable developers by providing tailored project financing solutions spanning renewable energy, water, transportation, and energy efficiency sectors. Leveraging an innovative Asset-as-a-Service model, we're enabling developers to build, own, and manage a diverse portfolio of green assets, with a primary emphasis on small to mid-scale projects ($500k-$15m) in the APAC market.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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