Funding
AI risk management platform GreenFi raises $2 million in round led by Transition VC
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Greenfi, an AI-powered ESG risk management platform, has raised its first round of $2 million led by Transition VC.
The Kerala-based startup’s artificial intelligence (AI)-powered environmental, social, and governance (ESG) compliance tool helps companies automate risk management and provide personalised, role-based recommendations on improving the user’s sustainability performance and addressing flagged risks.
For instance, if a bank is investing $100 million in a solar power plant project, instead of having 20 people manually collecting data…
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