SustVest raises $1.7 million to expand solar projects

SustVest has secured $1.7 million in equity and debt during its Pre-Series A funding round. The round was led by Inflection Point Ventures and Antler, with participation from WEH Ventures, Venture Catalysts, Soonicorn Ventures, FAAD Network, and others.

The funds will be used to acquire solar projects, scale marketing for its regulated platform, improve operations, and manage legal expenses.

SustVest, a regulated platform for sustainable investments, offers fixed-income investment opportunities in renewable energy and provides zero-cost solar projects for commercial and industrial consumers.

The company manages Rs 430 million in assets with 9.3 megawatts (MW) of installed solar capacity, distributing Rs 57 million in energy income and offsetting 9.4 million kilograms of carbon emissions.