Mandaê raises $7.1 million from IFC and corporate venture funds

  • Mandaê’s model… the company offers a pick up and packaging service specifically for small e-commerce businesses.
  • Other investors… UPS Strategic Enterprise Fund, Mercado Libre Fund, Tekton Ventures, FJ Labs, Performa Investimentos, Qualcomm Ventures Monashees, and Icon Holding Company also backed Mandaê’s Series B round.

Spain’s BBVA bank leads $400 million green loan for Mexican wind farms

  • Capitalizing on wind… Mexico is in a clean energy boom, with 4-gigawatts of installed wind capacity in place and another 1.1-gigawatts projected for 2018.
  • Impact watch… While key to sustainable energy generation, wind farm development can also displace local populations.