Media and Press

Rachel Lim Rachel Lim

KrAsia: Nika.eco secures seed funding

Nika.eco, a Singapore-based climate tech company, has closed an oversubscribed seed funding round led by Silverstrand Capital, with additional backing from Timbul Ventures, DMV Investments, Orvel Ventures, and Ascend Network. This fresh influx of capital will enable Nika.eco to extend its geospatial infrastructure solutions beyond the carbon markets to other sectors where climate modeling is crucial.

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Rachel Lim Rachel Lim

Mongabay: How philanthropy in Asia is evolving

Family offices in Singapore are at the forefront of developing innovative funding mechanisms. For instance, Silverstrand Capital focuses on impact investing in regenerative agriculture and biodiversity protection. Kelvin Chiu, founder of Silverstrand, told The Straits Times.

“As a single family office without external investors, we are in a unique position with more flexibility in terms of investment timeframe, return expectations, and types of investment. Unlike many funds … that often prioritize financial returns and proven business models, we have the liberty to support nature-positive businesses that create deeper impact but may be deemed too early or too risky by others and end up being overlooked.”

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Rachel Lim Rachel Lim

Forbes: Goodcarbon Secures €5.25 Million For Global Expansion Of Nature-Based Solutions Assets

The investment platform also disrupts the status quo for carbon credits by bringing its own standards and framework to the carbon market since existing standards aren’t fully able to differentiate good from bad carbon. The €5.25 million investment aims to expand the company’s nature analytics and expertise and introduce additional high-quality carbon offsetting projects to the market. Ocean 14 Capital fund led the round, with participation from Silverstrand Capital, high-profile angel investors and existing investors Planet A Ventures, 468 Capital and Greenfield Capital.

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Rachel Lim Rachel Lim

Temasek Trust: First Global Catalytic Capital Marketplace Co-Axis Unveils 70+ Solutions from 40+ Countries to Speed Up and Scale Impact

Co-Axis features over 70 impact opportunities from more than 40 countries. They focus on advancing the impact categories of Climate, Health, Employment, Education, and others. The opportunities are curated from partners across the Temasek Trust, DBS Foundation, and UBS Optimus Foundation ecosystems and beyond. They include A*STAR, ABC Impact, Argor Capital, AVPN, Cartier Women's Initiative, DBS Foundation, Helicap, Impact Hub Shanghai, Ocean Risk and Resilience Action Alliance (ORRAA), Philanthropy Asia Alliance, Silverstrand Capital, Temasek Foundation, The Earthshot Prize, UBS Optimus Foundation, and United Overseas Bank. More impact opportunities will go live on an ongoing basis.

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Rachel Lim Rachel Lim

Carbonherald: Planboo Raised Over $1.1M To Scale Biochar Via MRV Technology

Planboo – a carbon removal company founded in 2020, dedicated to tracking and scaling biochar production in the Tropics, marked a new milestone that brings it a step closer to achieving its mission. The company closed its latest funding round, securing over $1.1 million with backing from investors like Katapult, Silverstrand Capital, Rockstart, Imaginal Seeds, and 8+ Ventures.

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Rachel Lim Rachel Lim

Deals in brief: Silverstrand Capital invests in Porifera

The Singapore-based family office has invested an undisclosed amount in Porifera, a California-based technology company specializing in the development of forward osmosis membrane solutions.

This investment was made through Porifera’s bridge funding round and will enable the company to expedite its growth in various verticals within the food and beverage sector.

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Rachel Lim Rachel Lim

The Business Journals: Marrone's Invasive Species Corp. gets $2.5 million pre-seed funding from Singapore's Silverstrand Capital

Davis-based biological controls company Invasive Species Corp. has closed a $2.5 million round of pre-seed funding from Singapore-based Silverstrand Capital. The company will use the investment to commercialize some existing products and develop new products to combat invasive species using biological controls rather than harsh chemicals, said Pam Marrone, executive chairperson and co-founder of Invasive Species Corp.

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Rachel Lim Rachel Lim

NUS Giving: Silverstrand Capital founder Kelvin Chiu invests in the future of our living planet

Investor Kelvin Chiu loves to experience the natural world, be it observing wildlife on safaris or trekking in the mountains. His emotional connection with natural landscapes has motivated him to protect them. An epiphany occurred during a diving trip at Raja Ampat, an Indonesian archipelago replete with colourful coral reefs and mesmerising marine life.

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Rachel Lim Rachel Lim

Meaningful Business 100

The 2022 MB100 are an outstanding group of leaders combining profit and purpose to help achieve the UN Global Goals.

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