On 10th May 2021, Carbonstop, China’s first carbon management software and consulting solutions provider, announced that it had raised 50 million yuan($7.4 million) in Round-A financing from Hillhouse Capital and Matrix Partners China, marking the latest move by the two leading institutions to increase their stake in carbon-neutral infrastructure.

On 1st August 2022, Carbonstop completed a Round-B of financing worth 100 million yuan($14.82 million), led by Sequoia China and followed by its original shareholders Hillhouse Capital and Matrix Partners China. This funding will be used to research and develop carbon management software products and expand consulting, marketing and business teams.

Founded in March 2011, Carbonstop’s core businesses include customized carbon management software and SaaS services, carbon accounting consulting, and a consumer-oriented carbon account platform. In the past eleven years, Carbonstop has served more than 1,200 clients, including Alibaba, Baidu, Tencent, Bytedance, JD.com, Vanke, Starbucks, SKP, Dow, CNOOC, China Airport Construction Group, Dubai World Expo, Hillhouse, Centurium Capital, China Construction Bank, Mastercard, Porsche, SINO JET and so on.

Clean CO₂ is an innovative company that uses artificial technology to remove carbon dioxide. It is committed to providing low-cost carbon removal technology solutions for society through the research and development and commercialization of carbon capture, utilization and storage (CCUS) technology and helping to build a net-zero industrial economic system in the future.

At present, Clean CO₂ focuses on the field of building materials. It uses technology to seal the captured CO₂ in concrete materials, which can produce low-carbon concrete products that reduce carbon footprint by 80% and provide low-carbon concrete products that do not increase the "green premium" for construction, infrastructure and other industries. A transformation solution, while also achieving large-scale stable storage of CO₂, turning concrete, the world's second-most-used material, into a carbon sink for the planet.

In January 2022, Clean CO₂ announced the completion of a millions of dollars angel round of financing invested by K2VC.

In July 2022, Clean CO₂ announced the completion of the angel + financing round at Oriza Holdings. Clean CO₂ will use this financing round for the construction and market expansion of concrete products and commercial concrete production lines.

On 24th August 2022, China's leading company of virtual power plant operations and technology provider, Vpptech completed a pre-A round of financing worth tens of millions of yuan, following joint investment by Sequoia China Seed Fund and China Merchants Venture. 2060 Advisory acted as exclusive financial advisor to this round of financing.

Vpptech is an innovative digital technology company focusing on China's electric power system. This round of financing will accelerate renewable energy's contribution to China's electricity market.