Latham & Watkins advised HSBC on an investment in MioTech, the AI-based ESG data provider, in an additional financing round to its Series B. HSBC joins an investor base which currently includes ZhenFund, Horizons Ventures, Moody’s and TOM Group.
The investment was made by HSBC’s Strategic Innovation Investments team, a corporate venture capital unit which takes minority holdings in early stage technology companies.
The Latham team was led by London corporate partner Shing Lo, with associate Samantha Peacock.
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