Cleantech asset financier Stride Green raises $3.5 million in seed round

Climate-tech focused asset financing and management platform StrideGreen has raised $3.5 million in a funding round led by the clean mobility focused Micelio Technology Fund.

The round also saw participation from early-stage venture capital firm Incubate Fund Asia and some other strategic investors. 

The startup plans to use the funds to strengthen StrideGreen’s product offerings and expand its team.

Read also- Siddhartha Jain Joins bharatpe as Chief Network Officer

“Largely, the deployment is focused on bringing expertise into the system. This could be in the form of talent, technology, or various new initiatives that we are currently exploring,” cofounder and chief executive Vivek Jain. “The second aspect is creating bespoke solutions, which will require some capital commitments from our side.”

“The clean energy transition is something we are actively exploring. We’ve started with electric mobility, are moving into battery storage, and are entering the renewable energy space,” Jain added. It will expand these verticals in the next three to four quarters.

Alok Chauhan, Principal, Micelio Technology Fund said, “The transition to clean mobility requires specialised financing infrastructure that can evolve with innovation. Stride Green's tech-first platform addresses a critical gap between traditional financing and clean mobility's unique needs—helping unlock significant capital for the sector.”

About Stride Green

Founded in 2024 by Ishpreet Gandhi and Vivek Jain, the Gurugram-based Stride Green offers financing and management services for sustainable businesses. Using its own technology, it provides real-time data, alerts, and insights to help assets work better and last longer.

The platform manages more than 3,000 clean technology assets and works with equipment makers and logistics companies.

Stride Green helps these businesses with leasing and financing, making it easier for them to grow in a sustainable way. The company also plans to expand to new regions and industries to play a bigger role in climate technology.

Startup Funding News: Your Gateway to Every Funding Update.

Latest Startup News: Stay updated with the latest startup news and trends. Your go-to source for startup ecosystem updates.

Startup Stories: Discover inspiring tales of startups overcoming challenges, and achieving success.