Dealflow
Photo by Conscious Investment Management.
Inclusive Economy | November 30, 2023
Conscious Investment Management secures A$50 million for social and affordable housing in Australia
ImpactAlpha, November 30 — Conscious Investment Management, a New South Wales-based impact fund manager, is seeking A$200 million ($132.4 million) for its second …
Spring's Keith Ippel, Olivia Hornby and Graham Day | Photo by Spring.
Canada | November 30, 2023
Vancouver Foundation anchors Spring Impact Capital to invest in Canadian health and climate ventures
ImpactAlpha, November 30 — Spring Impact Capital is looking to raise CAD $20 million ($14.7 million) to invest in two dozen early stage …
Photo by CRDC Global.
Dealflow | November 29, 2023
Toniic members help CRDC Global raise $3.3 million for a concrete solution to plastic waste
ImpactAlpha, November 29 — San Jose, Costa Rica-based Center for Regenerative Design and Collaboration has patented a process that converts hard-to-recycle plastic into …
Photo by NARREA.
Dealflow | November 29, 2023
French nuclear startup NAAREA raises €60 million to build modular reactors
ImpactAlpha, November 29 — NAAREA, short for Nuclear Abundant Affordable Resourceful Energy for All, is looking to raise €150 million to build a …
Community Finance | November 28, 2023
Mission Driven Bank Fund secures $110 million for local lenders in low-income communities
ImpactAlpha, November 28 — The Mission Driven Bank Fund will back a pipeline of over 300 FDIC-insured minority depository institutions, or MDIs, and …
Photo credit: Aquarech
Agrifood Tech | November 27, 2023
Investors commit $1.7 million to Aquarech to support fish farmers in Kenya
ImpactAlpha, November 28 – Africa’s fast-growing population is driving increased demand for protein, including fish. With local production dwindling, Kenya is meeting demand …
Photo by Advanced Electric Machines.
Low-carbon transition | November 27, 2023
Advanced Electric Machines scores £23 million to minimize extractive minerals in electric vehicles
ImpactAlpha, November 27 – The green transition has so far depended on intense mineral extraction. Each standard electric vehicle requires nearly 4.5 pounds …
Photo by Planet Farms.
Agrifood Tech | November 27, 2023
Planet Farms raises $40 million for vertical farms in Italy and the UK
ImpactAlpha, November 27– Vertical farming startups have struggled to make unit economics work for high-tech, energy-intensive systems. Milan-based Planet Farms has scored $40 …
Dealflow | November 17, 2023
Organizations emerge to help communities access federal funds
ImpactAlpha, November 17 — An unparalleled wave of federal funding has sparked a cottage industry of organizations helping entrepreneurs, project developers and municipal …
Photo by Lapaire.
Dealflow | November 16, 2023
Beyond Capital Ventures backs Lapaire for affordable eye care in Africa
ImpactAlpha, November 16 — Africa faces a shortage of eye-care specialists, making it challenging for tens of millions of Africans with visual impairments …
Dealflow | November 16, 2023
SuperCircle scores $7 million to help fashion brands and retailers reduce textile waste
ImpactAlpha, November 16 — The growth of textile-recycling ventures in recent years has been fueled, in part, by a rapid increase in textile …
Photo by First Australians Capital.
Inclusive Economy | November 15, 2023
Jack Dorsey’s Block backs First Australians Capital for Indigenous-led enterprises
ImpactAlpha, November 15 — Like Indigenous communities in the US, Canada and other countries, many first, or Aboriginal, Australians lack access to housing, …
Photo credit: Easy Solar
Africa | November 15, 2023
Easy Solar scores $7 million for energy access in Sierra Leone and Liberia
ImpactAlpha, November 15 – Until the early 2000s, both Sierra Leone and Liberia were rocked by civil war. One of the many longstanding …
Climate Finance | November 14, 2023
Manulife raises $225 million to generate carbon credits from sustainably-managed forests
ImpactAlpha, November 14 — Manulife Investment Management, part of Canadian insurance giant Manulife, is raising a $500 million fund to invest in timberlands …
Dealflow | November 13, 2023
Pioneer snags $2.9 million to connect climate tech founders with government funding
ImpactAlpha, November 13 — Navigating the labyrinth of government funding has been a challenge for founders of cleantech ventures looking to tap the …
Photo credit: BasiGo
Frontier and Growth Markets | November 12, 2023
Novastar Ventures secures $40 million for African impact startups
ImpactAlpha, November 13 – Financial services firm SBI Holdings has directly invested in several startups on the continent. It’s now backing Novastar to …
Climate Finance | November 10, 2023
Deal spotlight: Progress and gaps in global climate finance
ImpactAlpha, Nov. 10 – Global climate finance flows reached an annual average of $1.3 trillion in 2021 and 2022. That’s double the amount …
Muni Impact | November 9, 2023
Southern California utility issues $162 million green bond to finance renewable power
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 …
scientist taking ntaure sample
Impact Investing | November 9, 2023
Rockefeller Foundation awards first batch of grants from $1 billion climate commitment
ImpactAlpha, Nov. 9 – Two months after announcing a $1 billion climate commitment, the Rockefeller Foundation has awarded its first batch of climate …
Inclusive Economy | November 9, 2023
ALIVE Ventures backs Teclogi to support truckers in Colombia
ImpactAlpha, November 9 – Logistics inefficiencies clog the movement of goods, drive up costs, and create unsafe road conditions in Colombia. Bogota-based Teclogi …
Dealflow | November 8, 2023
Candide’s Afterglow Climate Justice Fund secures $36 million to lend in frontline communities
ImpactAlpha, November 8 — Low-income communities that often bear the brunt of climate change also hold the key to many climate solutions. Candide …
Impact Tech | November 8, 2023
Private equity firms see robust demand for impact funds, despite headwinds
ImpactAlpha, Nov. 8 – Private equity firms may be battling a high interest rate environment and sluggish IPO market. But they’re still raising …
The view from KKR's Hudson Yards office in New York (photo: ImpactAlpha)
Inclusive Economy | November 7, 2023
KKR clinches $2.8 billion for second impact fund
ImpactAlpha, Nov. 7 – The Global Impact Fund launched by KKR five years ago has become one of the private equity giant’s highest …
Social Finance's Kirstin Hill and Tracy Palandjian.
Dealflow | November 7, 2023
Social Finance taps donor-advised funds for impact-first investments
ImpactAlpha, November 7 — Boston-based nonprofit Social Finance is launching a fund to attract some of the big pools of capital locked up …
Latin America | November 6, 2023
Pomona scores backing from the DFC and IFC for small businesses in Latin America
ImpactAlpha, November 6 – Pomona Impact Management has made 28 investments since 2011 to support small businesses in Central America. It stretched a …
Dealflow | November 6, 2023
Women-led Almouneer raises $3.6 million for diabetes care in Egypt
ImpactAlpha, November 6 – In Africa and the Middle East, 40% of adults are obese and/or are diabetic or pre-diabetic. Egypt’s Almouneer offers …
Dealflow | November 3, 2023
Deal spotlight: Acumen breaks the ice on failures in impact investing
ImpactAlpha, November 3 – Impact investors deserve credit for pushing business and finance to be more mindful, accountable and transparent. Acumen this week …
Photo by Social Finance.
Locavesting | November 2, 2023
Colorado foundations back Social Finance’s fund to upskill local workers
ImpactAlpha, November 2 — Gary Community Ventures and the Colorado Health, Colorado Gives and Walton Family foundations and other local backers have committed …
Clean Energy | November 2, 2023
EAIF commits $48 million to ‘social bonds’ for rural electrification in Côte d’Ivoire
ImpactAlpha, November 2 – Nearly half of Côte d’Ivoire’s 28 million people live in rural areas; less than 40% of them have access …
Photo credit: Verqor
Smallholder Agriculture | November 1, 2023
Verqor scores $7.5 million to provide digital credit to Mexico’s farmers
ImpactAlpha, November 1 – More than three-quarters of Mexico’s five million farmers do not earn sufficient income to live. Mexico City-based Verqor provides …
Investing in Health | November 1, 2023
Incision raises $7 million to provide online training to global surgical teams.
ImpactAlpha, November 1 – An estimated five billion people don’t have access to safe or affordable surgical care if they need it. In …
Photo by Ola Electric.
Green Infrastructure | October 31, 2023
Indian electric two-wheeler manufacturer Ola Electric rakes in $384 million
ImpactAlpha, October 31 — Bangalore-based Ola Electric, launched by the ride-hailing company Ola, has raised nearly $1.6 billion since 2019 to manufacture electric …
Photo credit: Burn Manufacturing
Clean Energy | October 31, 2023
Burn Manufacturing issues $10 million green bond for clean cooking in Africa
ImpactAlpha, October 31 – More than two billion people still use kerosene, wood, charcoal and other rudimentary, dirty fuels for most of their …
Corporate Impact | October 30, 2023
TELUS’ Pollinator Fund for Good backs three impact tech ventures
ImpactAlpha, October 30 — TELUS’ Pollinator Fund for Good has backed three new impact startups. Among the additions to the Vancouver-based corporate social …
Twinco founders, Sandra Nolasco and Carmen Marin | Photo by Twinco.
Dealflow | October 30, 2023
Twinco Capital secures €50 million from BBVA to provide trade financing for emerging markets suppliers
ImpactAlpha, October 30 — Madrid-based Twinco Capital has secured a $53 million line of credit to make loans to small businesses in emerging …
Climate Finance | October 27, 2023
Deal Spotlight: Equipping frontline communities for the climate transition
ImpactAlpha, October 27 — Low-income and communities of color bear the brunt of climate change. They also hold the key to many climate …
Photo by Flourish Ventures.
Inclusive Economy | October 26, 2023
Omidyar Network spinoff Flourish Ventures secures $350 million to invest for a fair financial system
ImpactAlpha, October 26 — Flourish Ventures has raised $350 million to double down on fintech, “which has brought significant advancements and opportunities to …
Dealflow | October 24, 2023
Spearmint Energy secures $92 million in tax equity financing Texas battery storage
ImpactAlpha, October 24 – Miami-based Spearmint Energy has secured a $92 million tax equity investment for Revolution, a 300 megawatt-hour battery storage project in …
Return on Inclusion | October 24, 2023
UnitedHealth Group backs Enable Ventures to invest in disability solutions
ImpactAlpha, October 24 — New funds are emerging to invest in positive impact for the global disabled population, which often face ableism, discrimination, …
Investing in Health | October 23, 2023
Pair Team clinches $9 million for value-based care and social services
ImpactAlpha, October 23 — US state and federal health agencies are seeking to expand access to housing, healthy food access and transportation through …
Photo by Studio X.
Climate and Clean Tech | October 23, 2023
Shell’s Studio X launches cohort of early stage energy and climate tech ventures
ImpactAlpha, October 23 — Shell and other oil majors are increasing oil and gas production to cash in on rising prices. But they …
Frontier and Growth Markets | October 19, 2023
Deal spotlight: Building investment pathways in the world’s most neglected markets
ImpactAlpha, October 20 – “Mobilize” may be the word of the year for emerging markets investments. Africa alone needs an additional $100 billion …
Europe | October 19, 2023
Austria’s Inoqo helps grocery stores report Scope 3 emissions
ImpactAlpha, October 19 – Ninety percent of grocers’ carbon emissions are tied to their supply chains and stem from the products they stock …
Photo credit: Skoon Energy
Low-carbon transition | October 19, 2023
Skoon Energy raises $5.6 million for clean generators in Europe
ImpactAlpha, October 19 – Film sets, festivals, construction sites and other temporary setups depend on reliable energy access—mostly from fossil fuel-guzzling generators. Netherlands-based …
Climate + Gender | October 18, 2023
MCE Social Capital notches $41.6 million for its sustainable agriculture fund
ImpactAlpha, October 18 – The MCE Empowering Sustainable Agriculture fund, or MESA, builds on MCE Capital’s 17 years of support for small agribusinesses …