Dealflow
Photo by Moxion Power.
Clean Energy | September 29, 2022
Moxion Power secures $100 million to decarbonize mobile power
ImpactAlpha, September 29 — Construction sites, outdoor events, film productions and disaster response teams need temporary power generation. “There’s enormous demand for cleaner …
Photo by Numida.
Inclusive Economy | September 29, 2022
Numida raises $12.3 million to provide loans to small businesses in Uganda
ImpactAlpha, September 29 — Kampala-based Numida provides unsecured working capital loans, ranging from $100 to $5,000, to micro and small enterprises in as …
Photo by MDIF.
Democracy and Peace | September 28, 2022
Nearly a dozen independent news organizations in Nigeria get support from Media Development Investment Fund
ImpactAlpha, September 28 — Last year’s youth-led uprising against police brutality spurred Nigeria’s biggest anti-government protests in a generation. MDIF launched a three-year …
Photo credit: Kenyan EV maker Equator Mobility, a Maris portfolio companie
Frontier and Growth Markets | September 27, 2022
Maris raises $12 million from Proparco for climate resilience in Africa
ImpactAlpha, September 28 – Maris invests in renewables energy, agriculture and forestry, as well as gold mining, real estate and services. French development finance …
Photo by Mirova.
Clean Energy | September 27, 2022
Mirova raises $1.5 billion for fifth energy transition infrastructure fund
ImpactAlpha, September 27 — Paris-based Mirova is the $27 billion impact unit of French asset management firm Natixis Investment Managers. The B Corp …
Climate Finance | September 27, 2022
AXA’s €500 million initiative to invest in reforestation and land conservation
ImpactAlpha, September 27 – AXA has launched a €500 million ($482 million) Natural Capital Strategy that will make equity investments and offer project financing …
Image by standret on Freepik
Women Rising | September 26, 2022
African Women Impact Fund secures initial $60 million for gender-lens investments
ImpactAlpha, September 26 — South Africa’s Standard Bank Group and the United Nations Economic Commission for Africa are looking to raise $1 billion …
Photo by Hedgeweek.
Return on Inclusion | September 23, 2022
ImpactAlpha Deal Spotlight: Inclusive fund managers
ImpactAlpha, September 23 — First-time impact fund managers tend to outperform more experienced peers. This week, VC Include selected a dozen impact-oriented venture …
Photo by Pie Insurance.
Inclusive Economy | September 22, 2022
Pie Insurance raises $315 million to provide workers’ comp coverage for small businesses
ImpactAlpha, September 22 — Most U.S. businesses are required to carry workers’ compensation insurance, which covers medical expenses, lost wages and rehabilitation costs …
Photo by Jacoblund/iStock.
Low-carbon transition | September 22, 2022
Future scores $5.3 million to reward consumers for reducing their carbon footprint
ImpactAlpha, September 22 — More U.S. consumers are looking to make climate-friendly purchases to reduce their carbon emissions. “There’s a common misconception that …
Photo by Skoll Foundation.
Inclusive Economy | September 21, 2022
Common Future acquires Community Credit Lab for combined community wealth-building
ImpactAlpha, September 21 — Oakland-based Common Future earlier this year merged with nonprofit impact accelerator Uncharted. Now, the organization led by Rodney Foxworth …
Photo credit: Hero Future Energies
Clean Energy | September 21, 2022
KKR leads India’s Hero Future Energies’ $450 million raise to expand into battery storage and green hydrogen
ImpactAlpha, September 21 — New Delhi-based independent power producer Hero Future Energies was launched a decade ago by industrial equipment giant Hero Group. …
VC Include BIPOC First-Time Fund Manager fellows | Photo credit: VC Include
Return on Inclusion | September 20, 2022
VC Include to accelerate investments into a dozen diverse first-time fund managers
ImpactAlpha, Sept. 20 – First-time fund managers tend to outperform their more experienced peers but face structural barriers and biases in raising capital, and …
CNote co-founder and CEO Cat Berman | Photo by CNote.
Corporate Impact | September 20, 2022
CNote raises nearly $7.3 million to tap corporate cash for community development
ImpactAlpha, September 20 — CNote has raised $7.3 million to expand its network of more than 2,000 CDFIs, low-income designated credit unions and …
Photo by The Sauce.
Inclusive Economy | September 20, 2022
PowerToFly raises $30 million to upskill and connect underrepresented talent with jobs
ImpactAlpha, September 20 — New York-based PowerToFly has raised $30 million to upskill and connect underrepresented talent with jobs. Millions of professionals use …
Photo by HCAP Partners.
Good Jobs | September 19, 2022
HCAP Partners raises $353 million to take its good jobs strategy nationwide
ImpactAlpha, September 19 — San Diego-based private equity impact investor HCAP Partners invests in underserved lower middle-market businesses. By working with businesses to …
McKeever “Mac” Conwell | Photo by Kaitlin Newman.
Inclusive Economy | September 19, 2022
Emerging fund managers form pooled investment vehicle to raise capital for overlooked founders
ImpactAlpha, September 19 — Baltimore-based RareBreed Ventures, Oregon’s Rogue Women’s Fund and VitalizeVC in Chicago are combining efforts to raise a collective $10 …
Yvon Chouinard | Photo by Ian Allen.
Dealflow | September 16, 2022
ImpactAlpha Deal Spotlight: Exit to stakeholders
ImpactAlpha, September 16 — Patagonia founder Yvon Chouinard and his family have given away the $3 billion outdoor apparel company. The new owners …
Photo by Sahyadri Farms.
Smallholder Agriculture | September 15, 2022
Sahyadri Farms raises nearly $40 million to digitalize India’s smallholder farmers
ImpactAlpha, September 15 — Sahyadri Farms is a farmer-led fruit and vegetable processing and export business that works with more than 18,000 farmers …
Photo by Jonathan Hung.
ESG | September 15, 2022
Prince Harry and Duchess Meghan-backed Ethic raises $50 million growth investment
ImpactAlpha, September 15 — New York-based Ethic has raised $50 million to expand into new markets and products. The tech-driven asset management platform …
Photo by Terawatt Infrastructure.
Green Infrastructure | September 14, 2022
TeraWatt Infrastructure rakes in more than $1 billion for EV charging for commercial fleets
ImpactAlpha, September 14 — A lack of charging infrastructure for commercial vehicles is slowing the deployment of electric trucks. San Francisco-based TeraWatt Infrastructure …
Photo by Bond Pet Foods.
Agrifood Tech | September 13, 2022
Bond Pet Foods raises $17.5 million to make lab-grown meat for pets
ImpactAlpha, September 13 — Animal byproducts used in pet food are less carbon-intensive than other types of meat, but they are still derived …
Photo by Tesseract.
Clean Energy | September 13, 2022
Tesseract raises $78 million to help consumers in Europe lower energy bills
ImpactAlpha, September 13 — Russian President Vladimir Putin this week threatened to cut off energy supplies to Europe. In the U.K., millions of …
Photo by AdobeStock.
Oceans | September 12, 2022
Ocean 14 Capital raises €100 million to advance the blue economy
ImpactAlpha, September 12 — Investing in sustainable and regenerative oceans is a multi-trillion-dollar global opportunity that could create 40 million jobs by 2030, …
Women Rising | September 12, 2022
Janngo Capital secures €34 million for its African gender-lens fund
ImpactAlpha, September 12 — Fatoumata Ba launched Janngo Capital at the World Economic Forum in Davos in 2020 to help bridge the capital …
Photo by DOW.
Dealflow | September 9, 2022
Deal Spotlight: Clean energy financing for low- and middle-income countries
ImpactAlpha, September 9 Emerging economies are helping lead the clean energy transition by attracting private investment to larger-scale renewable energy projects, the World …
Dealflow | September 8, 2022
Misfits Market acquires Imperfect Foods to consolidate the food-waste reduction market
ImpactAlpha, September 8 — Even amid the downturn in venture funding this year, significant raises for companies in food waste management and upcycling …
Climate Finance | September 8, 2022
British International Investment lends $25 million for clean energy in Nepal
ImpactAlpha, September 8 – U.K. development agency British International Investment made a $25 million loan to NMB Bank to boost the bank’s renewable energy …
Credit: PesaChoice
Frontier and Growth Markets | September 8, 2022
CcHUB backs nine fintech startups in Rwanda
ImpactAlpha, September 8 – Nigeria and Kenya-based startup accelerator and angel investor network CcHUB is supporting a cohort of early-stage fintech startups in …
Kapor Capital team | Photo credit: Kapor Capital
Return on Inclusion | September 7, 2022
Kapor Capital attracts outside investors to $126 million fund to close equity gaps
ImpactAlpha, Sept. 7 – Oakland-based investment firm Kapor Capital has deployed the capital of Mitch Kapor, a founder of Lotus Software, and educator Freada …
Photo by Shutterstock.
Clean Energy | September 7, 2022
Copenhagen Infrastructure Partners raises €3 billion for energy transition fund
ImpactAlpha, September 7 — The Danish fund received commitments from 65 institutional investors, including global pension and sovereign wealth funds, insurance companies, asset …
Photo credit: PEG Africa
Frontier and Growth Markets | September 7, 2022
Bboxx expands in West Africa with acquisition of off-grid solar peer PEG Africa
ImpactAlpha, September 7 – PEG Africa launched its pay-as-you-go solar business in Ghana in 2013 and has since expanded to Senegal, Ivory Coast and …
The Liist | September 6, 2022
The LiiST: Seven impact funds that are raising capital now (September 2022)
ImpactAlpha, September 2 – Get off the sidelines. For Agents of Impact, helping impact fund managers – and especially first-time, diverse and emerging …
Photo by the National Alliance for Public Charter Schools.
Dealflow | September 6, 2022
Equitable Facilities Fund closes $230 million in social bonds for underserved charter schools
ImpactAlpha, September 6 — The New York-based nonprofit social impact fund aims to lower funding costs for high-performing and impact public charter schools …
Dealflow | September 6, 2022
New Island Capital winds down and moves its assets to Grounded Capital
ImpactAlpha, Sept. 6 – San Francisco-based impact investment vehicle New Island Capital, founded in 2006 by a member of the wealthy Pritzker family, …
Dealflow | September 2, 2022
Deal spotlight: Impact upgrades
ImpactAlpha, September 2 – When the pandemic hit, concerns about single-use waste went out the window as people stocked up on disposable face masks, …
Photo by Blue World Technologies.
Clean Energy | September 1, 2022
Blue World raises €37 million for methanol fuel for decarbonized shipping
ImpactAlpha, September 1 — Starting in January, most global shipping companies will be required to have their vessels’ exhaust tested and graded on …
Photo by MEDU.
Investing in Health | September 1, 2022
Mexico’s MEDU scores $4 million for reusable medical protective gear
ImpactAlpha, September 1 — Hospitals generate more than five million tons of waste yearly, according to Greenhealth, including gowns, gloves, syringes and more. …
A firefighter tries to contain a fire in southwestern France | Photo by Reuters.
Climate and Clean Tech | August 30, 2022
Dryad secures €10.5 million for ‘ultra-early’ wildfire detection
ImpactAlpha, August 30 — Extreme heat waves, exacerbated by drought, set many parts of Europe ablaze this summer. Hotter temperatures are pushing severe …
Innovative Finance | August 30, 2022
Rockefeller Foundation taps satellites and AI to guide green infrastructure in Africa
ImpactAlpha, August 30 – The Rockefeller Foundation is backing a digital platform to aid policymakers in understanding how and where resilient infrastructure could mitigate …
Credit: Apple
Dealflow | August 29, 2022
Apple accelerates Black-, Latinx- and Indigenous-owned suppliers to meet its climate goals
ImpactAlpha, Aug. 29 – The second cohort of Apple’s Impact Accelerator includes Navajo Power, a majority Native-owned firm led by Brett Isaac that develops …
Credit: Clarity Movement
Dealflow | August 29, 2022
Clarity Movement raises $9.6 million to help customers monitor and fix air pollution
ImpactAlpha, Aug. 29 – Pollutants in the air are an escalating problem for health, climate and environmental justice. City and state governments, school districts, …
Dealflow | August 29, 2022
Carbon Counts raises $7 million to gamify climate change
ImpactAlpha, Aug. 29 – EverForest, the first game from upstart game company Carbon Counts, aims to help plant 100 million real trees on …
Photo by Lunar Energy.
Climate and Clean Tech | August 26, 2022
ImpactAlpha Deal Spotlight: Electric Homes
ImpactAlpha, August 26 — The raft of consumer savings and incentives in the Inflation Reduction Act for heat pumps, induction stovetops and other …
Photo credit: Loopworm
Dealflow | August 25, 2022
Omnivore backs Loopworm’s network of insect farms with $3.4 million
ImpactAlpha, August 25 – Bangalore-based Loopworm works with a network of smallholder farmers to raise insects that can be converted to animal and pet …