FinTech news in climate category

Another focus will be on businesses that embrace the UN Sustainable Development Goals (SDGs), in particular Good Health and Wellbeing, Quality Education, Gender Equality, Decent Work and Economic Growth, Reduced Inequalities, Responsible Consumption and Production, Climate Action, Peace, Justice and Strong Institutions and Partnerships for the Goals. Prediction Capital is a new VC sprung out of the Swiss Family Office infinitas Capital, the investment firm of former entrepreneur and investor Robin Lauber, and formed together with Christopher Chuffart and Kilian Graulich. Chuffart was most recently at Mountain Partners, a Zurich based VC before moving to i2i Logic (Australian corporate finance FinTech) to open their European HQ. The fund, which has hit its first close of €30M, will focus on startups covering ConsumerTech and FinTech mainly in the German-speaking DACH region.

Of the total funds raised in this round, $32 million came from venture capital firms and $38 million from the sale of Flowcarbon’s Goddess Nature Token (GNT), a crypto token on the Celo blockchain backed by carbon credits, Reuters reported.

Enduring Planet, a new fintech firm that exclusively funds climate entrepreneurs, is taking the wraps of its first product after securing $5 million in debt and equity financing. Out of the gate, Enduring Planet offers revenue-based financing to companies that bring in more than $25,000 per month.