In a significant boost to the climate-tech sector, Gurugram-based startup Stride Green has successfully raised $3.5 million in a seed funding round. The investment, led by Micelio Technology Fund and Incubate Fund Asia, marks a pivotal moment for the company as it aims to revolutionize clean-tech asset financing and lifecycle management in India.
Founded with a mission to accelerate the adoption of sustainable technologies, Stride Green provides a platform for financing and managing assets in sectors such as electric mobility, battery storage, and renewable energy. The startup has already made strides in the industry, managing over 3,000 clean-tech assets to date.
The freshly secured funds will be utilized to expand the company’s platform, enhance its technological capabilities, and scale operations across key markets. This includes supporting a wider range of clean energy initiatives and ensuring greater accessibility to eco-friendly solutions for businesses and consumers alike.
Stride Green’s innovative approach addresses critical gaps in the financing of clean-tech assets, a sector often challenged by high upfront costs and limited funding options. By offering tailored financial solutions, the startup is paving the way for more organizations to transition to sustainable practices without financial strain.
Industry experts view this funding as a testament to the growing interest in climate-tech solutions in India, a country with ambitious renewable energy targets. Stride Green’s efforts align with national goals to reduce carbon emissions and promote green technologies, positioning the startup as a key player in the sustainability landscape.
As Stride Green embarks on this new chapter, the company is also focused on expanding its team to drive innovation and operational growth. With the backing of prominent investors, the future looks promising for this climate-tech pioneer as it continues to champion a greener, more sustainable tomorrow.
Andrew Lee
