TechFlow News — According to finsmes, Thallo, a Web3 climate tech startup based in Sharm El-Sheikh, Egypt, has announced the completion of a $2.5 million seed funding round. The round was led by Ripple, Arcan LLC, Friendly Trading Group 2, along with Allegory, Cerulean Ventures, and Flori Ventures.
Thallo plans to use the new funds to accelerate the launch of its flagship blockchain-based carbon trading platform. The company leverages blockchain technology to connect buyers and sellers of carbon credits, ensuring efficiency, traceability, and transparency throughout the process. Its Web3 partners include Ripple, Celo, Polygon, and Chainlink. Source link
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