Investment

Investor group backs oncology support app developed by German health company Fosanis. The capital raised is intended to drive Mika’s international expansion beyond its core German market

UK social investor Big Society Capital has announced it is cutting down its target return from 4-6% to just 1%, as the original target was “out of step” with both their mission and the market

WWF and Dutch Fund for Climate and Development launch the Mekong Delta Integrated Rice and Aquaculture Project. Plus, early-intervention programme RootED, Sencrop’s fundraise, and Big Society Capital’s survey

The International Finance Corporation together with other development finance institutions and impact investors are providing a $165m credit facility to Nairobi-based Equity Group to support lending to MSMEs

Allied Iris Banks is the cornerstone investor in new €75m fund investing in SMEs contributing to Ireland’s decarbonisation. Plus WTW’s finance facility supports Melanesian fishing communities, and UNCDF’s latest initiatives

The Future Planet Fund backs growth companies emerging from innovations developed at some of the world’s leading academic institutions aimed at solving pressing societal challenges

Oryx Impact aims to contribute to the creation of more sustainable and resilient societies in Africa by investing in local impact funds which support SMEs and businesses providing essential goods and services across the continent

ABN AMRO Sustainable Impact Fund, INCO Ventures and NGO ACTED have participated in the latest fundraising round for crowdfunding platform Lendahand which backs entrepreneurs in emerging countries

Infinity Recycling’s Circular Plastics Fund has made its first investment by acquiring a 20% stake in Pryme, the cleantech company behind Europe’s single largest plastic waste advanced recycling project in Rotterdam

Cardano Development is joining forces with a team of housing experts to create a platform to build affordable housing and associated social infrastructure across Africa, starting in Morocco and Tunisia