MioTech, a Hong Kong-based provider of AI powered financial data and analytics solutions, closed its Series A+ financing round.
The amount of the deal was not disclosed.
The round was led by existing investor Horizons Ventures, the private investment arm of Mr. Li Ka-shing.
The financing will be used to recruit talents and invest in R&D.
Led by Jason Tu, Co-founder and CEO, MioTech provides a platform featuring ESG data, real-time risk monitoring, ESG ratings, indexes, as well as research and consulting services. Its sustainable finance solution mines environmental, social and governance (ESG) data through more than 12,000 public sources and combines it with supply chain, shareholding, investments, and other alternative datasets to form a comprehensive picture of corporates’ social responsibility performances.
Existing customers include large global asset managers, top research houses, as well as commercial and investment banks.
The company has offices in Hong Kong, Shanghai, and Singapore.