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Sustainiam raised $1.45 million in its maiden funding round led by Orios Venture Partners to launch a digital platform for trading environmental assets and expand its workforce.

Dec 10, 20248 months ago

Amount Raised

$1.45 Million

Round Type

seed

BengaluruRenewable EnergyEnergy

Investors

Vinit BhansaliHarsh Vardhan BhagchandkaRajesh SawhneyShilpa Shetty KundraOrios Venture Partners

Description

Sustainiam, a climate tech startup, has secured $1.45 million in its first institutional funding round. Led by Orios Venture Partners, the investment will be used to enhance their technology-powered platform for carbon management and sustainability solutions.

Company Information

Company

Sustainiam

Location

Bengaluru, Karnataka, India

About

Sustainiam is a climate tech startup that offers carbon management and sustainability solutions. Founded in September 2023, the company provides businesses with tech-enabled platforms for carbon footprint management. Their services include issuing and trading international renewable energy certificates and other carbon certificates. They aim to streamline the documentation and registration processes related to carbon assets through a fully digital platform.

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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