Dealflow
Photo by OXCCU.
Climate and Clean Tech | June 7, 2023
UK-based OXCCU secures $22.7 million to commercialize sustainable aviation fuel
ImpactAlpha, June 7 — Climate-friendly policy, advance purchase agreements and capital for climate technologies are accelerating demand for sustainable aviation fuel. Many of …
Photo credit: Charm Industrial
Climate Finance | June 7, 2023
Charm Industrial secures $100 million after inking corporate carbon purchase agreements
ImpactAlpha, June 7 – San Francisco-based Charm Industrial prevents the release of carbon dioxide by converting agricultural and agroforestry waste into bio-oil and …
The Liist | June 6, 2023
The Liist, June 2023: Fund managers get creative with catalytic capital for energy, nature and financial inclusion
ImpactAlpha, June 6 – Energy Peace Partners and impact fund manager Cameo are out to prove that even in conflict zones there are …
Dealflow | June 6, 2023
Brookfield Renewable takes $360 million stake in Mumbai- based CleanMax
ImpactAlpha, June 6 — Mumbai-based CleanMax is a leading supplier of renewable energy to corporate consumers in India, managing 1.6 gigawatts of wind …
Financial Inclusion | June 6, 2023
MoCaFi raises $23.5 million to help deliver financial aid to underserved communities
ImpactAlpha, June 6 — Billions of dollars in government funding are left unspent each year. Digital payment provider MoCaFi (short for Mobility Capital …
Dealflow | June 5, 2023
Chile’s Ceibo digs up $30 million for more efficient copper mining
ImpactAlpha, June 5 – Copper is the unsung hero of decarbonization, an essential element for transmission wires, electrical wiring in buildings and EVs. …
Dealflow | June 5, 2023
Swing Education raises $38 million to mitigate teacher shortage
ImpactAlpha, June 5 – Public schools are scrambling to hire teachers. Some 150,000 openings were unfilled across the US in February as teachers …
3D Illustration of a Tokamak and sustained nuclear fusion
Dealflow | June 2, 2023
Fusion is heating up
ImpactAlpha, June 3 – Some $5 billion has been invested by the private sector in fusion energy startups. Last month, Microsoft inked the …
Dealflow | June 1, 2023
Boeing inks deal to buy green hydrogen from Equatic
ImpactAlpha, June 1 – Los Angeles-based Equatic’s novel technology packs a one-two punch. It produces hydrogen from seawater via renewable-powered electrolysis. At the …
Photo credit: Sun King
Clean Energy | May 31, 2023
Sun King raises $130 million through securitization of off-grid solar payments
ImpactAlpha, May 31 – Public agencies and private companies from California to Cote d’Ivoire are leveraging cash flows to finance climate adaptation and …
United States | May 31, 2023
Opportunity Zone investors bet $5 million on a Pennsylvania factory supporting the green building transition
ImpactAlpha, May 31 – In a previous career, John Wolfington redeveloped defunct factories and brownfield sites for residential and commercial use. Now, he’s …
Photo credit: Kofa
Dealflow | May 30, 2023
Ghana’s Kofa raises seed round for multi-purpose EV batteries
ImpactAlpha, May 30 – The action in Africa’s electric vehicle market is in electric motorbikes. Much of the early activity is concentrated in East …
Low-carbon transition | May 26, 2023
ImpactAlpha Deal Spotlight: Carbon removal
ImpactAlpha, May 26 — After soaring in 2021, voluntary markets for carbon credits slumped last year amid reports and investigations that took aim …
Dealflow | May 25, 2023
Village Capital and Volunteers of America back Let’s Get Set to help low-income mothers claim tax benefits
ImpactAlpha, May 25 — Millions of low-income tax filers in the US miss out on an estimated $12 billion each year in unclaimed …
Philadelphia, PA
Muni Impact | May 25, 2023
Impact Muni Bond: Social bond to tackle poverty and unlock growth in Philadelphia
Editor’s note: ImpactAlpha has partnered with HIP Investor to highlight upcoming bond issues with social and/or environmental significance. Disclaimer: Nothing in this post …
Squire Servance, founder of Syridex Bio.
Investing in Health | May 24, 2023
Syridex Bio scores $5 million from New Jersey to back local health businesses
ImpactAlpha, May 24 — A former life sciences lawyer, Squire Servance founded Princeton-based Syridex last year to invest in access to quality healthcare …
Image credit: Quilt
Climate and Clean Tech | May 24, 2023
Lowercarbon Capital and MCJ Collective back Quilt’s heat pump designs
ImpactAlpha, May 24 – Sales of heat pumps in the US last year outpaced gas furnaces. Many systems come with installation challenges, however, …
Impact Management | May 24, 2023
Tipping Point Fund backs field-building efforts of GIIN, The ImPact and ShareAction
ImpactAlpha, May 24 – Impact investing collaborative Tipping Point Fund has provided grants to five organizations in support of new field-building initiatives, including …
Photo credit: Wyss Institute, Harvard University
Dealflow | May 23, 2023
Collaborative Fund offers up $15 million to ignite sustainable materials development at Harvard
ImpactAlpha, May 23 – Collaborative’s network of investment fund managers has directed $1 billion into impact entrepreneurship. Another $200 million is going toward …
Inclusive Economy | May 23, 2023
Funders commit $10 million to combat California’s housing crisis with community ownership
ImpactAlpha, May 23 – Nearly 30% of America’s homeless live in California. Among the state’s extremely low-income households who are housed, nearly 80% …
Gender Smart | May 23, 2023
2X Challenge mobilizes $27 billion for women and girls’ economic resilience and inclusion
ImpactAlpha, May 23 – Development finance institutions of the G7 set a small but significant goal five years ago: within two years, invest …
Image credit: CTVC
News and Information | May 21, 2023
CTVC secures $1.8 million to ramp up climate-tech data insights
ImpactAlpha, May 21 – Climate investor Kim Zou launched Climate Tech VC in 2020 to track trends in climate tech investing. The free …
Photo credit: Hybrico
Frontier and Growth Markets | May 21, 2023
Hybrico raises $2 million to shift cell tower operators to green energy
ImpactAlpha, May 21 – Online connectivity is now essential to economic inclusion. But in markets where grid energy isn’t reliable, online access is …
Photo credit: Odyssey
Dealflow | May 19, 2023
Odyssey raises $15 million to cut obstacles to renewables in emerging markets
ImpactAlpha, May 19 – Commercial and industrial solar for business facilities, factories and shopping centers is growing in markets without reliable grid connections. …
Photo credit: Gradiant
Dealflow | May 18, 2023
Gradiant raises $225 million, becoming a billion-dollar player in water management
ImpactAlpha, May 18 – Boston-based Gradiant makes water-treatment systems for companies in essential industries, including many supporting the low-carbon transition, like minerals and …
Climate and Clean Tech | May 18, 2023
Tangible raises $3 million to help building developers measure and reduce climate impact
ImpactAlpha, May 18 – Real estate companies seeking to reduce their carbon footprints largely focus on operational carbon—how much a building emits once …
Climate Finance | May 18, 2023
Climate is a bright spot for TPG amid fundraising slowdown
ImpactAlpha, May 18 – Private equity firms are reporting tough sledding in fundraising (though there are exceptions). TPG, which hit the market last …
Dealflow | May 17, 2023
New Summit Investments teams with Gratitude Railroad to back diverse-led funds
ImpactAlpha, May 17 – The partnership grew out of the firms’ shared belief that “investing in emerging managers will not only generate positive …
Photo by Kensa.
Climate and Clean Tech | May 17, 2023
Kensa Group secures £70 million to accelerate adoption of ground-source heat pumps in the UK
ImpactAlpha, May 17 — The UK government wants to install 600,000 heat pumps each year as a low-carbon alternative to gas boilers. Ground-source, …
Return on Inclusion | May 16, 2023
Illumen Capital raises $168 million second fund to fight bias in asset management
ImpactAlpha, May 16 – Recent economic volatility has pushed the share of global assets managed by women and people of color below an …
Photo credit: M-KOPA
Frontier and Growth Markets | May 16, 2023
M-KOPA lands $255 million in equity and impact-linked debt for financial and gender inclusion
ImpactAlpha, May 16 – M-KOPA helped build Africa’s off-grid, pay-as-you-go solar market. Now the The Nairobi-based company brands itself as a fintech company, …
Dealflow | May 15, 2023
Wellthy secures $25.5 million to provide caregiving support as an employee benefit
ImpactAlpha, May 15 — Roughly 90 million Americans provide some kind of care for an elderly, disabled, sick or mentally-ill family member, says …
Photo credit: Switch
Green Infrastructure | May 15, 2023
CAI backs Switch as part of a $300 million initiative to green the digital economy
ImpactAlpha, May 15 – Computers, data centers and other assets supporting the world’s growing digital appetite consume 10% of electricity worldwide. Sustainable investment …
Photo credit: Helion Energy
Dealflow | May 15, 2023
Microsoft’s off-take agreement with Helion signals fusion energy is within reach
ImpactAlpha, May 15 – The timeline for commercially-viable fusion energy took a leap forward with a commitment by Helion Energy to deliver fusion …
Clean Energy | May 12, 2023
ImpactAlpha Deal Spotlight: Brookfield bucks fundraising malaise as it eyes another mega decarbonization fund
ImpactAlpha, May 12 — Private equity funds are bracing for a challenging fundraising year. Not Brookfield Asset Management. Already this year, the Canadian …
Muni Impact | May 11, 2023
Impact Muni Bond: Ed-tech funding for STEM tools in diverse Santa Clara school district
Editor’s note: ImpactAlpha has partnered with HIP Investor to highlight upcoming bond issues with social and/or environmental significance. Disclaimer: Nothing in this post …
Education Tech | May 11, 2023
BeeReaders raises $3.5 million to close the literacy gap for Spanish-speaking students
ImpactAlpha, May 11 — Austin-based edtech venture BeeReaders provides customized and culturally-relevant Spanish reading and writing content to 500 schools and 250,000 K-12 …
Photo credit: Pivot Energy
Climate and Clean Tech | May 10, 2023
Silicon Valley Bank keeps green project finance rolling under new ownership
ImpactAlpha, May 11 – When a bank run took down Silicon Valley Bank in March, the US government stepped in to ensure depositors …
Climate Finance | May 10, 2023
Catalytic Climate Finance Facility scores $12 million to test and launch new finance tools
ImpactAlpha, May 10 – Blended-finance network Convergence has for eight years supported financial innovation and experimentation in impact investing through its design funding …
Climate and Clean Tech | May 10, 2023
UK-based Actis launches $500 million Japan-focused clean energy arm
ImpactAlpha, May 10 – London-based global sustainable infrastructure investor Actis launched a Japan-focused clean energy unit out of its fifth energy infrastructure fund, …
Photo by MPOWER.
Dealflow | May 9, 2023
MPOWER secures $150 million debt investment from Goldman Sachs for higher-education financing
ImpactAlpha, May 9 — Washington, D.C.-based MPOWER provides loans that don’t require a cosigner or collateral to international students and “DREAMers” to attend …
Dealflow | May 9, 2023
El Salvador’s Cubo raises $3.5 million to digitize payments for small businesses
ImpactAlpha, May 9 — El Salvador’s Cubo launched in 2021 with an easy-to-use digital solution for micro and small enterprises in Central America …
Photo by Nithio.
Clean Energy | May 8, 2023
Schmidt Family Foundation backs Nithio for clean energy access in sub-Saharan Africa
ImpactAlpha, May 8 — A $3 million investment by the former Google executive’s foundation will support off-grid solar lending to borrowers in “the …
Photo by R2.
Financial Inclusion | May 8, 2023
Mexican embedded finance venture R2 secures $100 million line of credit from Community Investment Management
ImpactAlpha, May 8 — R2 has secured a $100 million from San Francisco-based impact investor Community Investment Management. The Mexico City-based venture provides …
Dealflow | May 5, 2023
Deal spotlight: Impact fundraising defies market headwinds
ImpactAlpha, May 5 – What fundraising slump? The parade of new impact (and especially climate) funds continues despite economic warning signs. A first-time …