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Synopsis
Energize Ventures, a climate software investor, led a $25m Series B funding round in Banyan Infrastructure, a sustainable financing software platform, with participation from SE Ventures, Elemental Excelerator, VoLo Earth and Ulu Ventures. "Because standardization is lacking for sustainable technology, risk averse investors are hesitant to move quickly in this relatively new industry. Our software focuses on reducing transaction costs and increasing transparency to create previously unseen speed and scale of project finance. The support from Energize and our new investors helps unlock the rapid deployment of sustainable infrastructure that our planet needs," Will Greene, Banyan Co-Founder and CEO.
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