Capria Fund’s first close was anchored by $20 million from Vulcan Capital, the family office of Microsoft co-founder Paul Allen, who died last month. (Microsoftâs other co-founder, Bill Gates, is also an investor.)
The Capria Fund will invest in the network of funds in Africa, Asia and Latin America that have gone through its fund-manager accelerator program; its first two commitments are to Mexicoâs Adobe Capital and Chileâs Fen Ventures(see, âCapria seeks ânetwork effectsâ in emerging-market small-business investingâ).
https://impactalpha.com/capria-seeks-network-effects-in-emerging-market-small-business-investing/
Other new investors include Omidyar Network, Ford Foundation and Resonance Impact Fund. Capria is recruiting for its next cohort of fund managers.