Dealflow
Latest impact investments and fundraises
Dealflow | March 28, 2024
Capria Ventures backs fintechs in Nigeria and Bangladesh to expand financial services
Capria Ventures, a Seattle-based venture investor in emerging markets, continues to deploy capital from its Global South Fund II, which achieved a first …
Investing in Health | March 28, 2024
InStride Health raises $30 million for pediatric mental health services
About one-third of young people will struggle with anxiety disorder or obsessive compulsive disorders by the age of 18. Boston-based InStride launched in …
Latin America | March 27, 2024
Mexico’s Savia Ventures backs Chilean alt-protein startup Done Properly (video)
Santiago-based biotech company Done Properly uses fermentation to produce healthy and sustainable food alternatives, including meat and additives. Mexico City-based climate tech VC …
Climate Finance | March 27, 2024
New Global Innovation Lab cohort dives into regional climate finance solutions
Climate Policy Institute’s decade-old Global Innovation Lab for Climate Finance has mobilized $4 billion to urgent climate efforts in the Global South. To …
Climate and Clean Tech | March 26, 2024
Evari raises $7.5 million to build more efficient heat pumps
More than 100 million households globally use heat pumps, which are gaining popularity as a more sustainable alternative for heating and cooling. Most …
Financial Inclusion | March 26, 2024
Nsave secures $4 million to democratize Swiss offshore accounts
Amer Baroudi from Syria and Abdallah AbuHashem from Gaza launched inclusive fintech venture Nsave to give people from countries with high inflation, political …
Financial Inclusion | March 25, 2024
Optimo Loans secures $10 million to offer credit to rural India’s micro businesses
Just one-quarter of India’s micro and small businesses have access to formal financial services; an estimated 53 million businesses are unbanked. Bangalore-based Optimo …
Climate and Clean Tech | March 25, 2024
World Fund raises €300 million venture fund for European climate tech
World Fund invests in Europe’s early and growth-stage climate startups. The three-year-old, Berlin-based VC firm crossed the €300 million mark for its first …
Water | March 22, 2024
Deal spotlight: Turning on the capital tap to finance water and sanitation in Africa
As climate change makes water supplies and management more critical than ever, public budget allocations for water access and treatment in Africa are …
Dealflow | March 22, 2024
The Week’s Dealflow: March 22, 2024
ImpactAlpha’s deal news coverage for the week: Agrifood investing. Beneficial Returns re-upped with Indonesian nut producer Kawanasi… HeavyFinance raised €20 million to help …
Inclusive Economy | March 21, 2024
Beneficial Returns re-ups with Indonesian nut producer Kawanasi
Jakarta-based Kawanasi Sehat Dasacatur buys and processes wild-harvested kenari nuts, a type of tree nut, from the Indigenous Kayoa people in eastern Indonesia. …
Dealflow | March 20, 2024
Mad Capital raises $14 million in blended capital for regenerative farmland transitions
Mad Capital raised $10 million in 2021 for its debut Perennial Fund, which went on to finance two dozen farmers in the US …
Dealflow | March 20, 2024
Nigeria’s Moove raises $100 million for revenue-based vehicle financing
Since it launched out of Lagos in 2020, Moove has provided revenue-based vehicle financing for over 20,000 ride-hailing and delivery drivers in Nigeria, …
Water | March 20, 2024
Tanzania turns to green bond market to improve urban water infrastructure
The East African country is new to the global green bond market but has quickly become one of Africa’s most active issuers. The …
Africa | March 19, 2024
African venture capital rebounds as global LPs re-up in Partech Africa
ImpactAlpha, March 19 — Africa was not spared from last year’s venture capital funding slowdown. But nearly all of the limited partners in …
Climate and Clean Tech | March 19, 2024
TELO Trucks clinches $5.4 million to build a compact pickup electric truck
Electric trucks may defy the EV malaise. Electric truck sales were surprisingly robust in China last year – a bellwether of market adoption. …
Dealflow | March 18, 2024
Westbound raises $100 million to back tech ventures built by, for or with underrepresented people of color
Westbound Equity Partners launched in 2019 as Concrete Rose Capital to close the racial wealth gap by providing financial and social resources to …
Climate Finance | March 18, 2024
HeavyFinance raises €20 million to help farmers regenerate Europe’s agriculture
HeavyFinance offers credit to help farmers and small agri-businesses adopt regenerative practices to improve soil health and sequester carbon. The Lithuania-based crowdfunding platform, …
Deploy! | March 15, 2024
Tribal community gets Energy Department loan guarantee for solar + storage
The future of energy access runs through locally-led and inclusive businesses. Indigenous-owned renewable energy developers in the US are getting their first cut …
Dealflow | March 15, 2024
The Week’s Dealflow: March 15, 2024
ImpactAlpha’s deal news coverage for the week: Agrifood investing. KAS snagged $3 million for low-cost production of aquaculture ingredient. Basic services. TowerCo of …
Agrifood Tech | March 14, 2024
KAS snags $3 million for low-cost production of aquaculture ingredient
Astaxanthin is used in aquaculture feed to enhance the health and pigmentation of farmed fish and shrimp. Synthetic astaxanthin is cheaper than natural …
Climate Finance | March 14, 2024
Green Climate Fund invests in India’s climate resilience via the Avaana Sustainability Fund
The Small Industries Development Bank of India is the main financing body for tens of millions of India’s small businesses. The bank manages …
Dealflow | March 13, 2024
IBM commits $45 million for AI-powered climate resilience solutions
Startup accelerators backing early-stage AI-driven solutions geared towards making cities safer, more resilient and sustainable aren’t new (see, “Urban-X aims to accelerate startups …
Africa | March 13, 2024
IFC extends $20 million to Burundi bank to bolster small business lending
The International Finance Corp. and a group of institutional investors have extended a $20 million loan to Banque de Crédit de Bujumbura to …
Financial Inclusion | March 13, 2024
IFC extends $20 million to Burundian bank to bolster small business lending
The International Finance Corp. and a group of institutional investors have extended a $20 million loan to Banque de Crédit de Bujumbura to …
Latin America | March 12, 2024
Potencia Ventures backs Trampay to bank gig economy workers in Brazil (video)
On-demand delivery of food, packages and other products provides much-need income for millions of workers in Brazil. For such gig workers, schedules and …
Frontier and Growth Markets | March 12, 2024
XSML raises nearly $100 million to invest in African small and mid-sized businesses
Amsterdam-based XSML invests in growing African businesses providing basic consumer goods and services in less-invested markets like Uganda and the Democratic Republic of …
Investing in Health | March 11, 2024
Pharma company Eisai backs South African health tech venture RecoMed
Japanese pharmaceutical company Eisai launched subsidiaries in South Africa and Kenya in 2022 to supply drugs for cancer, dementia and other non-communicable diseases. …
Corporate Impact | March 11, 2024
Blue Earth Capital inks sustainability-linked loan for Asia’s garment sector
ImpactAlpha, March 11 – Asia’s garment sector, which feeds global fast-fashion demand, is notorious for human rights and environmental abuses. Q Collection is …
Latin America | March 8, 2024
Atta impact-first venture fund targets “missing middle” social enterprise in Mesoamerica region
ImpactAlpha, March 8 — New funds are emerging out of Latin America and the Caribbean as the region’s impact ecosystem comes together and …
Smallholder Agriculture | March 7, 2024
Warc raises $7.5 million for regenerative agriculture in West Africa (video)
ImpactAlpha, March 7 — Argentinian entrepreneur Emiliano Mroue founded Ghana-based Warc over a decade ago. The social enterprise serves roughly 20,000 smallholder farmers …
Climate Finance | March 6, 2024
Carbon Equity raises €100 million for a climate tech fund of funds
ImpactAlpha, March 6 — Amsterdam-based Carbon Equity launched in 2021 to provide access to venture capital and private equity impact investment funds for …
Financial Inclusion | March 6, 2024
Wagely inks $23 million to help Asia’s workers with cash stability and financial health
ImpactAlpha, March 6 – Indonesia and Bangladesh have nearly 200 million wage workers. Unexpected expenses force many to resort to expensive payday loans. …
Dealflow | March 5, 2024
Stepful scores $12 million to upskill workers for entry-level healthcare jobs
ImpactAlpha, March 5 — Detroit-based Stepful has provided on-line and in-person training for medical assistant, pharmacy, ultrasound technician, and other healthcare jobs. More …
Dealflow | March 5, 2024
Adenia Capital acquires South Africa last-mile delivery platform The Courier Guy
ImpactAlpha, March 5 — E-commerce in South Africa is growing at an annual rate of 15%. The Courier Guy, through its network of …
Climate and Clean Tech | March 4, 2024
LanzaJet secures $30 million from Southwest Airlines for sustainable aviation fuel
ImpactAlpha, March 4 — LanzaJet is a subsidiary of Chicago-based LanzaTech, which uses microbes to convert industrial carbon emissions into sustainable fuel and …
Clean Energy | March 4, 2024
Fervo Energy gets $244 million to meet demand for clean energy with geothermal
Impactalpha, March 4 — The techniques used for oil fracking also can be used to harness geothermal energy, a steadier, more consistent source …
Climate Finance | February 29, 2024
Blue Earth Capital takes stake in Nepra to expand waste recycling in India
ImpactAlpha, February 29 — Gujarat-based Nepra Resource Management deploys nearly 2,000 pickers to deliver dry waste to five waste recycling facilities. “Responsible waste …
Return on Inclusion | February 29, 2024
Sorenson Impact backs Redemption’s purchase of Holladay Bank to create a new Black-owned bank
ImpactAlpha, February 29 — The Rev. Dr. Martin Luther King Jr., impact investor. In King’s last public address before he was assassinated, he …
Dealflow | February 28, 2024
Kachuwa Impact Fund scores $3.2 million to bring cooperatives to impact investing
ImpactAlpha, February 28 — Blake Jones, a “cooperative geek,” launched Kachuwa Impact Fund to bring the principles of cooperative ownership and governance to …
Catalytic Capital | February 28, 2024
Prime Coalition’s Trellis Climate backs Ample Carbon and Ebb Carbon
ImpactAlpha, February 28 — Trellis Climate, formerly Early Climate Infrastructure, was born last year when Actuate Climate, a nonprofit climate tech research and …
Europe | February 27, 2024
Verdane raises €1.1 billion for sustainable European businesses
ImpactAlpha, February 26 — Verdane, a Norwegian private equity investor, targets tech-enabled businesses that can pass its “2040 test” – a screen to …
Dealflow | February 27, 2024
South Africa’s Hohm Energy nets $8 million to meet demand for solar power
ImpactAlpha, Feb. 27 – South Africans have endured years of rolling blackouts as the country’s aging coal plants falter. The outages have shaved …
Latin America | February 26, 2024
Blue like an Orange provides $18 million in financing to Mexican lender Fuentebuena
ImpactAlpha, February 26 — Monterrey-based Fuentebuena works with more than 150 municipalities in Mexico to provide payroll loans to unbanked and underbanked city …
Muni Impact | February 24, 2024
Maine rolls out $5 million in green bond series for resilient and sustainable buildings
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 or on …