Climate Alpha announced that it has raised $5 million in a round of funding led by new investor Jungle Ventures Pte. Ltd.on November 23, 2023. The transaction also involved participation from new investors from Singapore and the US, including Thakral Corporation Ltd, Presidio Bay Ventures, LLC, Odyssey Capital and Thunderbolt Ventures.

The investment is part of the VC firm?s First Cheque program for second-time founders.