UAE Blockchain cleantech entity BANTgo receives investment from UAE royal family
UAE BANTgo, a
cleantech blockchain startup developer and creator of Impact2earn e-waste chatbot for messengers has
received investment from UAE royal family investor. The investor has chosen to
remain discreet regarding both identity as well as size of investment. BANTgo had also participated tat the Bedayat Business incubator
organized by SEE institute in UAE. The Bedayat announcements for selection of participants for Sustainable City are still undergoing.
Sergei Ivanov,
Co-Fouder of BANTgo, stated, “BANTgo impact2earn has successfully secured
investment for its development in the United Arab Emirates. The investor, a
representative of one of the most prominent Royal Families in the #UAE, has
chosen to remain discreet regarding the valuation and size of the investment. Our
goal was not merely to attract funding from Bedayat Business Incubator but to
gain approval for pilot launches in The Sustainable City in Dubai. This will
help us further our mission of empowering communities and individuals through
various initiatives, including recycling and waste management, while creating
social, environmental, and economic impact.”
Dubai based
BANTgo, incentivizes citizens and residents to recycle and aims to capture the
Dubai market and showcase their solution at the COP28 UAE Summit that will be
held in December 2023.
Comments
Post a Comment