The Belgium-based fund is investing in a dozen companies that aim to achieve systemic changes in environment, skilling & education, and health sectors.
The investment is the latest from the Swiss investor’s second Sustainable Food-Asia fund and supports a company that has established itself as a key player in Indonesia’s aquaculture sector in less than a decade.
Fund managers Fount have invested in Indian ready-made garment manufacturer Progress Apparels and Bangladeshi cotton yarn and denim fabric producer Sri Kannapiran Mills.
The investment team said the fund would invest in up to 35 companies globally, whose activities help improve well-being and inclusion, and support the move towards a sustainable economy.
The great majority of healthtech innovations never reach patients due to lack of early-stage funding and business expertise. NLC is changing that by building investible businesses around game-changing healthcare solutions.
The climate fund, which exceeded its original funding goal, aims to support emissions reduction solutions in industries where they are hard to achieve.
The fund, run by Azimut Investments, will provide debt to more than 50 Italian SMEs with a focus on improving environmental and social aspects of their operations.
The investment has been made via the jointly developed Growth Impact Fund and will help social enterprise Doing What Really Matters in its aim to support 25% of the UK’s prison population into higher education by 2030.