Two Point O Capital, a climate financing platform, has secured $6.3 million in its pilot round, which was led by Omnivore. The round was also attended by Multiply Ventures, RTP Global, GrowX, Spectrum Impact, and a group of prominent angel investors.
The proceeds will be allocated to the enhancement of its technology-enabled platform for the sourcing, financing, and monitoring of distributed initiatives in the clean energy sector, as well as the recruitment of a top-tier team.
Two Point O Capital provides adaptable financing options for distributed clean energy initiatives in the industrial and commercial sectors.
The Gurugram-based venture concentrates on the development of solar rooftops, energy efficiency, and wastewater treatment. It provides leasing and capex financing options.
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In addition, it intends to implement partnerships with numerous financial and operational partners to establish and oversee an exceptional portfolio on a platform.
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