Kumo

Kumo provides software and frameworks to facilitate institutional debt financing for the carbon removal industry.

General Information
Company Name
Kumo
Founded Year
2020
Location (Offices)
Mainz, Germany +1
Founders / Decision Makers
Number of Employees
7
Industries
Financial Services
Funding Stage
Pre Seed
Social Media

Kumo - Company Profile

KUMO is a lending marketplace that matches funders and borrowers to deliver secured loans backed by carbon credits. Founded in 2020 and headquartered in Germany, KUMO is making waves in the world of decentralized finance (DeFi) with the backing of Techstars and ABN AMRO. By pioneering carbon-credit collateralized lending, KUMO is ushering in a new era for sustainable finance. The platform transforms carbon credits and carbon forwards into collateral, fundamentally changing the dynamics of securing loans. KUMO’s commitment to breaking down climate finance barriers is evident through its mission to significantly reduce risk, lower costs, and simplify the process of scaling the impact of investment dollars. The platform facilitates the matching of sustainable investors and project developers to deliver growth capital, backed by carbon, thereby bridging the sustainable finance gap. Leveraging the untapped value of non-retired carbon credits, KUMO ensures that impactful projects receive the support they need to thrive. The unique value proposition of KUMO lies in its ability to secure loans with carbon credits, reduce risk, lower costs, and scale the impact of investment dollars, ultimately bridging the sustainable finance gap. Overall, KUMO is poised to make a substantial impact in the financial services industry by revolutionizing sustainable finance through innovative lending solutions.

Taxonomy: DeFi, sustainable finance, carbon-credit collateralized lending, climate finance, investment, Techstars, ABN AMRO-backed, secured loans, carbon credits, risk reduction, climate investors, project development, zero-interest loans

Funding Rounds & Investors of Kumo (1)

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Funding Stage Amount No. Investors Investors Date
Pre Seed Round $20.00K 1 03 Aug 2023

Latest News of Kumo

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No recent news or press coverage available for Kumo.

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