Hong Kong’s ESG Data Startup Allinfra Acquires $6M in Funding

Hong Kong-headquartered Allinfra, which is assisting institutions with meeting sustainability goals, has acquired $6 million in capital.

The firm’s investment round has reportedly been led by international financial services group Nomura. Other investors in the round have not been named, however, the raise included new as well as existing investors.

As covered, Nomura Holdings, Inc. (NHI) recently announced the creation of a new digital asset company that will “offer institutional clients a comprehensive suite of trading, investor products and investment services.”

Due to launch later this year, the new digital asset company will “provide institutional clients and investors with products and services linked to cryptocurrencies, stable coins, decentralized finance (DeFi), non-fungible tokens (NFTs) and other tokens.”

With the capital injection, Allinfra aims to further scale its product development and sales resources for its sustainability data management software Allinfra Climate and asset tokenization platform Allinfra Digital.

The proceeds will also be directed towards expanding operations across industry segments and developing various use-cases.

Allinfra leverages tech in order help firms address ESG requirements, including data management, powered by auditable, verifiable data for sustainability management, reporting as well as green finance.

The firm says that most green finance initiatives have now been stalled because of the challenges around obtaining reliable, auditable data.

Allinfra co-founder and CEO Dave Sandor remarked:

“We are thrilled to benefit from the synergies and institutional support from Nomura. It’s validating to have leaders in the financial markets recognise the value of our technology and its ability to revolutionise climate-aligned products.”

Allinfra claims that it is “revolutionizing” the climate market.

Allinfra Climate is “a blockchain-based environmental platform that helps institutions achieve their sustainability goals.”

Collecting climate-relevant information directly from devices, their end-to-end solution “allows users to store, use or monetize this verifiable, auditable data.”

Together with their asset tokenization platform Allinfra Digital, they “are bringing access, choice and liquidity to global infrastructure and environmental assets.”

Their technology “is built on our team’s decades of experience in environmental and capital markets.”

Allinfra claims that its “differentiator” is its people.

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