# REDEX Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/redex-pte

- Industry: Financial Services
- Headquarters: Singapore, Singapore
- Website: www.redex.eco
- Total disclosed funding: $10M
- Latest round: Series A (Oct 31, 2023)
- Investors on record: 1

## About

Based in Singapore, and founded in 2018 by its CEO Mr Kang Jen Wee, Redex Pte. Ltd. provides sustainable energy solutions. In November 2023, REDEX Pte. Ltd. raised an undisclosed amount in venture funding from Global Brain. As of February 2024, the company is present in Singapore, Vietnam, and China.  

The company offers a wide range of renewable energy solutions such as a blockchain-enabled platform called REHash marketplace maintains and confirms the ownership transfer and retirement of RECs, preventing double counting of ownership. Additionally, it provides REConnect to facilitate onboarding solar assets and RESuite which help in managing renewable goals.

## Funding rounds

- Series A, Oct 31, 2023, $10M — Aramco Ventures

## Investors

- Aramco Ventures (https://capitalatlas.ai/funds/aramco-ventures) — Series A