Microsoft’s Climate Innovation Fund
The Microsoft Climate Innovation Fund led an interseries convertible debt round for Rheaply, leading to a $2,100,000 investment to Rheaply. Rheaply now plans to help Microsoft implement a carbon product roadmap to move towards their goal of carbon neutrality by 2030.
Reselling Surplus Industrial Equipment
Solver Rheaply, a platform that gives a second life to surplus industrial equipment, received a $10,000 grant from Solve in 2019 for being selected as a Circular Economy Solver.
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