Enduring Planet, a new fintech company dedicated to funding climate entrepreneurs It is launching its first product after raising $5 million in loan and equity financing.
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The company aims to deliver its debt-funded funds quickly to climate-focused startups and small businesses, for example by reducing emissions or helping humanity adapt to the harmful effects of burning fuel.
fossil “When the world is on fire It is very important that we act quickly and it takes up to six months to get insurance,” co-founder and CEO Dimitry Gershenson said in a talk with TechCrunch, pledging to deliver
checks up to $500,000 within 30 days to companies that meet certain criteria.
Enduring Planet offers revenue-based financing to companies earning more than $25,000 per month. In exchange, companies are required to provide
