SafEarth, a technology platform for the adoption of renewable energy, on Wednesday, said it has raised Rs 3.5 crore in a funding round led by Anthill Ventures. Third Derivative and Mumbai Angels were the other investors.
The latest capital infusion will help fuel SafEarth’s product development initiatives and support its expansion into new industrial belts across India, the company said. SafEarth helps industries reduce their carbon emissions by shifting from thermal power to solar energy at scale.
