Banyan

Banyan provides an online lending marketplace for infrastructure loans, utilizing smart contract technology to encode loan agreements and connect them to IoT monitoring systems, bank accounts, and project performance data. The platform digitizes the infrastructure lending process by creating smart contracts that automatically track project milestones, verify completion through IoT sensors, and trigger loan disbursements based on verified performance metrics. Banyan serves infrastructure developers, lenders, and investors in the clean energy and sustainable infrastructure sectors, providing transparency and reducing risk through automated monitoring and blockchain-based loan management. The company's approach addresses the financing gap for infrastructure projects by enabling data-driven lending decisions and reducing administrative overhead. Founded in 2018 and headquartered in San Francisco, California, Banyan has raised approximately $42 million in Series B funding from investors including VoLo Earth Ventures, Schneider Electric, Energize Capital, Ulu Ventures, and Elemental.