# MioTech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/miotech

- Industry: Software
- Headquarters: Shanghai, China
- Website: www.miotech.com
- Total disclosed funding: $7M
- Latest round: Series B (Oct 26, 2021)
- Investors on record: 7

## About

MioTech Limited, based in Shanghai, China, specializes in sustainability solutions leveraging artificial intelligence to address climate change, carbon emissions, and social responsibility challenges.Founded in 2016 in Shanghai, China, MioTech Limited provides AI-driven solutions to enhance sustainability practices for businesses and governments. The company has successfully raised USD 7.00 mn in its SERIES A funding round led by Horizons Ventures, with total funding amounting to USD 7.00 mn. CEO Jason Tu, the company's founder, has a history of innovation in technology-driven solutions. The most recent deal occurred on January 26, 2024.MioTech's core offerings focus on utilizing artificial intelligence to tackle pressing sustainability challenges related to climate change and carbon emissions. The company provides data analytics, software tools, and consulting services aimed at financial institutions, corporations, and governmental bodies. Notably, their Carbon Credit Tool helps clients manage and optimize carbon assets effectively. MioTech serves diverse industries including energy, manufacturing, retail, and education, with operations in strategic markets like Hong Kong, Singapore, Shanghai, Beijing, and Shenzhen.MioTech generates revenue through subscription services, partnerships, and consulting engagements with corporate and governmental clients. Their AI-driven solutions, including the Carbon Credit Tool, significantly contribute to their revenue streams. Pricing structures are customized based on individual client agreements, allowing the firm to effectively engage with B2B clients seeking sustainability solutions.Following a strategic investment raised on January 26, 2024, MioTech plans to enhance its technology and product development capabilities. The firm aims to expand its offerings, targeting new product releases in sustainable solutions, while also planning to enter additional markets beyond its current operations. This funding will support the company's initiatives to strengthen its technological foundation and broaden its reach.

## Funding rounds

- Series B, Oct 26, 2021 — JP Morgan Asset Management, HSBC Asset Management
- Series B, Jan 10, 2021 — HSBC Bank, Horizons Ventures, ZhenFund, TOM Group Limited, Moody
- Series A, Oct 11, 2017, $7M — Horizons Ventures, ZhenFund
- Seed, Sep 13, 2016 — ZhenFund

## Investors

- ZhenFund (https://capitalatlas.ai/funds/zhenfund) — Seed, Series A, Series B
- Horizons Ventures — Series A, Series B
- HSBC Bank — Series B
- TOM Group Limited — Series B
- Moody — Series B
- JP Morgan Asset Management (https://capitalatlas.ai/funds/jp-morgan-asset-management) — Series B
- HSBC Asset Management (https://capitalatlas.ai/funds/hsbc-asset-management) — Series B