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HSBC Joins MioTech’s Series B Financing Round
January 11, 2021 GMT
HONG KONG and SHANGHAI, Jan. 10, 2021 /PRNewswire/ MioTech, the AI-based sustainability data and technology provider, announced today that HSBC has invested in the company in an additional financing round to its Series B, further expanding the company’s stellar investor base which already includes ZhenFund, Horizons Ventures, Moody’s and TOM Group.
In 2020, MioTech successfully expanded its environmental, social and governance (ESG) data coverage to more than a million public and private companies in the Greater China region. It has implemented supply chain, portfolio, and energy monitoring systems across many different sectors. MioTech plans to launch more datasets covering Asian and European markets. It will also develop more software to address the climate and sustainability challenges faced by financial institut