MioTech Limited
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MioTech Limited - overview
Established
2016
Location
Shanghai, -, China
Primary Industry
Software
About
MioTech Limited, based in Shanghai, China, specializes in sustainability solutions leveraging artificial intelligence to address climate change, carbon emissions, and social responsibility challenges. Founded in 2016 in Shanghai, China, MioTech Limited provides AI-driven solutions to enhance sustainability practices for businesses and governments. The company has successfully raised USD 7. 00 mn in its SERIES A funding round led by Horizons Ventures, with total funding amounting to USD 7.
00 mn. CEO Jason Tu, the company's founder, has a history of innovation in technology-driven solutions. The most recent deal occurred on January 26, 2024. MioTech's core offerings focus on utilizing artificial intelligence to tackle pressing sustainability challenges related to climate change and carbon emissions.
The company provides data analytics, software tools, and consulting services aimed at financial institutions, corporations, and governmental bodies. Notably, their Carbon Credit Tool helps clients manage and optimize carbon assets effectively. MioTech serves diverse industries including energy, manufacturing, retail, and education, with operations in strategic markets like Hong Kong, Singapore, Shanghai, Beijing, and Shenzhen. MioTech generates revenue through subscription services, partnerships, and consulting engagements with corporate and governmental clients.
Their AI-driven solutions, including the Carbon Credit Tool, significantly contribute to their revenue streams. Pricing structures are customized based on individual client agreements, allowing the firm to effectively engage with B2B clients seeking sustainability solutions. Following a strategic investment raised on January 26, 2024, MioTech plans to enhance its technology and product development capabilities. The firm aims to expand its offerings, targeting new product releases in sustainable solutions, while also planning to enter additional markets beyond its current operations.
This funding will support the company's initiatives to strengthen its technological foundation and broaden its reach.
Current Investors
Horizons Ventures, ZhenFund, HSBC Bank
Primary Industry
Software
Sub Industries
Web Applications, Accounting/Finance Software
Website
www.miotech.com
Verticals
Artificial Intelligence, Big Data, FinTech
Total Amount Raised
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