Funds

Impact market players say more work needs to be done in terms of education and provision of attractive investment opportunities if a wider group of investors is to be tempted to the impact sphere.

The fund is seeking to inject investment into businesses addressing the energy transition in Africa, as the continent continues to face a massive funding gap in the renewables sector. 

The Swedish impact investor’s inaugural venture fund was backed by European institutional investors and will back companies developing solutions to address future health and environmental challenges.

LUMO Labs is planning to support tech companies that make a positive contribution to society in areas including social care, education, climate and sustainable living.

The fund will provide unitranche funding to French and European SMEs, while encouraging the companies they finance to take account of environmental and social concerns.

State-owned commercial company COFIDES will manage the fund, which will finance and invest into businesses and projects addressing social challenges across Spain.

The Polestar Capital Circular Debt Fund is now closed with €240m in capital which will be used to finance 30 circular projects in the Netherlands.

Seaya’s founder Beatriz González is optimistic about prospects for the sector, despite the current tough investment environment and political uncertainties surrounding the pace of the energy transition.

The new fund is focused on emerging markets and made its first two investments into social enterprise One Acre Fund and into a blue bond issued by the International Bank of Ecuador.

This is the third climate tech fund by the Dutch investment platform which has seen assets under management jump 80% in a year.