Sarmayacar (Grant)
Funding Details
Awarder
RSS - www.bing.com
Date Award
June 10, 2025
Vertical
Climate Finance
Funding URL
View Funding Page
Funding Amount
$50,000,000
Company Info
Traction
The project was initially backed by the United Nations’s Green Climate Fund but faced challenges in securing a fund manager and institutional venture capital commitment.
Organizations Involved
United Nations Green Climate Fund, National Rural Support Program
Founders
Rabeel Warraich
Market
Climate-Tech Startups
Location
Karachi, Pakistan
Company Description

Sarmayacar is a firm that was initially involved in a $50 million project aimed at financing climate-tech startups in Pakistan. The firm was set to manage a fund that would distribute capital to scaling climate-tech startups but faced a collapse of partnership before implementation.

Links
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