This article presents 10 new companies enhancing the field through new green or sustainable finance solutions and specialized applications. These companies leverage technologies to provide sustainable finance advisory, climate-smart finance platforms, and more. Each featured company highlights the diverse and expanding applications of green financing for sustainability, climate resilience, and economic innovation. This report was last updated 5 days ago. Spot an error or missing detail? Help fix it by getting in touch!
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Key Takeaways
Drawing insights from the Big Data & AI-powered StartUs Insights Discovery Platform that provides data on over 4.7+ million emerging companies globally, we explore the evolving landscape of the green financing industry. This sector is marked by key trends and a substantial workforce, shaping its future. Here are some key insights at a glance:
- Current Green Finance Trends: Some of the major trends impacting the green finance industry are AI and machine learning for ESG data analysis, decentralized finance (DeFi), advanced climate risk modeling tools, sustainable robo-advisors, and digital twins.
- Green Finance Industry Stats: The sector comprises 10.3K+ organizations worldwide. Out of these, 1.7K+ new green finance companies were founded in the last five years, witnessing 2020 as the average founding year. On average, each of these companies employs about 15 people. Moreover, the average funding received by these 1.7K+ green finance companies per round in the same span is USD 51.2 million.
- 10 New Green Finance Solutions to Watch:
- Igugu Global – Green Finance Marketplace
- Zero Circle – Sustainable Financing
- Melanin Kapital – Last-Mile Carbon Financing
- Accelar – Private & Blended Finance
- KUMO – Climate Financing
- Earthian AI – Greenwashing Risk Reduction
- arara.io – Sustainable Supply Chain Finance
- Korotu Technology – AI-powered Ecosystem Monitoring
- RegenX – Carbon Insetting
- Amalthea – Climate Risk Reporting
Discover 10 out of 1.7K+ Emerging Sustainable Finance Solutions
In this section, we spotlight 10 new companies in the green finance industry. These firms offer sustainable finance advisory, last-mile carbon financing as well as carbon insetting. Some companies also use AI and ML for ecosystem monitoring and climate risk reporting. These companies integrate the latest technologies to enhance sustainability, environmental stewardship, and financial resilience. Read on to explore all the innovative solutions that these companies offer!
Note on Signal Strength
One of the unique metrics we feature for each company is Signal Strength, a proprietary data point generated by our Discovery Platform. It gauges the extent to which a company’s influence has permeated the global ecosystem of startups, scaleups, and emerging companies. This proprietary metric serves as a valuable guidepost for understanding a company’s standing in the broader market landscape.
1. Igugu Global
- Founding Year: 2019
- Employee Range: 2-10
- Location: South Africa
- Signal Strength: Very Strong
- What they do: Igugu Global develops a green finance marketplace powered by climate and sustainability data. It facilitates efficient deal origination, assessment, and closure by showcasing diverse companies and projects. The company’s climate identity also allows secure assessment of climate and carbon exposure while managing climate-related financing mandates. This simplifies the discovery and comparison of green and sustainable bonds. Financial institutions and investors benefit from greater transparency across the green finance lifecycle.
2. Zero Circle
- Founding Year: 2022
- Employee Range: 2-10
- Location: USA
- Signal Strength: Very Strong
- What they do: Zero Circle enables financial institutions and small and midsize businesses (SMBs) to measure their sustainability impact. Its AI-powered platform automates sustainability reporting and connects businesses to green bonds and sustainability-linked loans. The platform also focuses on reducing scope 3 emissions by providing insights for carbon footprint reduction. Moreover, it monitors suppliers’ sustainability performance to improve supply chain transparency.
3. Melanin Kapital
- Founding Year: 2020
- Employee Range: 11-50
- Location: Kenya
- Signal Strength: Very Strong
- What they do: Melanin Kapital’s MelaninVest platform enables entrepreneurs to manage finances and access green financing. It offers automated recommendations for building investment pipelines based on custom goals and allows businesses to invest in green African SMEs. On the other hand, MelaninGrow platform enables data-driven impact lending. It features climate scoring, credit scoring, and digital loan disbursement to grow loan portfolios for entrepreneurs. It benefits financial partners, businesses, lenders, and donors by promoting sustainable growth.
4. Accelar
- Founding Year: 2019
- Employee Range: 2-10
- Location: UK
- Signal Strength: Very Strong
- What they do: Accelar builds a solution to calculate biodiversity net gain (BNG). It enables property developers and landowners to find and sell biodiversity units efficiently. The company uses private and blended finance to push better climate and nature outcomes. It focuses on infrastructure and the built environment to promote decarbonization and circular economy approaches.
5. KUMO
- Founding Year: 2022
- Employee Range: 2-10
- Location: Germany
- Signal Strength: Strong
- What they do: KUMO matches funders and borrowers to deliver secured loans backed by carbon credits. It optimizes returns for climate financiers while providing secure, low-cost, and efficient funding for carbon project development. The company’s platform ensures accurate pricing and liquidity for carbon credit transactions, facilitating deal sourcing and collateralization. It ensures transparent and immutable documentation of carbon credit custody by using smart contracts to codify and execute terms. Borrowers can access a global marketplace of climate investors, customizing loan terms to suit their needs.
6. Earthian AI
- Founding Year: 2023
- Employee Range: 2-10
- Location: Netherlands
- Signal Strength: Medium Strong
- What they do: Earthian AI assesses true risks in green financing applications using AI, benefiting banks and financial institutions. Its SauronEye AI platform reduces default and greenwashing rates by evaluating the risk of insurance, loan, and investment products. The platform’s API-based services offer flexibility for easy integration into existing systems. SauronEye features a white-box AI, which delivers transparent and traceable results to support credit risk teams. The platform supports the global push for sustainable finance, improving loan approval rates and reducing financial risks.
7. arara.io
- Founding Year: 2021
- Employee Range: 11-50
- Location: USA
- Signal Strength: Strong
- What they do: arara.io’s climate-focused fintech platform offers AI-assisted sustainability solutions for large-scale climate change mitigation. The platform provides environmental, social, and governance (ESG) analytics to assess material risks and opportunities efficiently. It also integrates ESG metrics that enable anchor clients to improve liquidity and support suppliers in achieving sustainability standards. The company’s proprietary AI ESG taxonomy evaluates all sustainability aspects to offer detailed analytics and certification. Further, the platform ensures competitive financing and improves supply chain sustainability.
8. Korotu Technology
- Founding Year: 2020
- Employee Range: 11-50
- Location: Canada
- Signal Strength: Strong
- What they do: Korotu Technology builds an AI platform to monitor natural ecosystems. It delivers timely insights into ecosystem threats by utilizing high-quality data from satellites, drones, and on-ground monitoring. This technology supports the conservation of forests, wetlands, grasslands, and agricultural lands that improve biodiversity and mitigate climate change. The platform also addresses visibility, quality, and monitoring issues related to natural climate solutions funding. Land protectors, planners, and funders use this solution to implement their projects.
9. RegenX
- Founding Year: 2023
- Employee Range: 2-10
- Location: Singapore
- Signal Strength: Very Strong
- What they do: RegenX enables smallholder farmers to transition to agroecological practices at scale. The company’s platform promotes composting, cover cropping, and mulching, which reduces costs, increases net profits, and lowers on-farm greenhouse gas emissions (GHG) emissions. RegenX ensures effective implementation and monitoring of these practices by combining site visits with tech-enabled support. The company provides an impact dashboard tracking livelihood, regenerative, and carbon impacts. Agri-food buyers use this for improved compliance, sustainability, and long-term supply chain stability.
10. Amalthea
- Founding Year: 2021
- Employee Range: 2-10
- Location: France
- Signal Strength: Medium Strong
- What they do: Amalthea offers a platform to streamline data collection for regulatory reporting and climate risk management. It integrates with existing IT infrastructure to offer easy onboarding of diverse data sources and collect borrowers’ climate-related data. The platform then processes taxonomy data and evaluates climate risk impact. This enables banks and financial institutions to assess climate-related financial risk and strategies.
Quick Tip to Find New Green Finance Solutions
Utilizing a SaaS platform like the Discovery Platform for identifying new sustainable finance solutions provides significant benefits compared to traditional scouting methods:
- Increased Efficiency: The Discovery Platform offers advanced tools that streamline the scouting process. It replaces your hours of conventional desk research, saving time and resources in identifying green finance innovations.
- Access to Real-time Insights: Gain a competitive edge with up-to-date information on the latest trends in the sustainable finance industry. The platform keeps you informed with near real-time updates on emerging green finance solutions and news, enabling you to make swift and informed decisions.
- Tailored Exploration: Customize your search to focus on specific niches within the green finance sector, such as green value chain financing, ecosystem monitoring, or climate adaptation finance. The platform’s diverse filtering options allow you to target your scouting efforts precisely, ensuring that you find the most relevant and groundbreaking companies in the field.
Ready to Explore All New Green Finance Solutions?
We’ve explored the dynamic landscape of the green finance industry, examining the latest trends and spotlighting exceptional companies driving innovation. To dive deeper, download our free FinTech Report or schedule a demo of the Discovery Platform for a customized exploration of these groundbreaking developments. Interested in enhancing our coverage of startups and tech? We value insights from experts like you – reach out!
