The funding is intended to bolster climate-positive lease financing for Turkey’s SME sector, the backbone of the country’s economy and provider of 70% of national employment.
The impact investor’s recently launched inclusive growth strategy focuses on businesses that are delivering positive outcomes for vulnerable people in the UK.
Finland’s development finance institution aims to mobilise private capital to fund critical digital infrastructure projects and boost inclusive growth in emerging markets.
The Japanese development bank joins founding partner KfW as an investor in the fund, which provides loans to SMEs exporting from emerging Asia and Africa.
The collaboration aims to help low-income and vulnerable adults to manage their money online at a time when one in five UK households or individuals face some form of digital exclusion.
Ultromics raised the financing in a Series C funding round, led by Lightrock, L&G, and Allegis Capital, for the expansion of its AI-powered diagnostic echocardiogram technology, which was developed in partnership with the UK NHS and Mayo Clinic.
The £174m fund, which has attracted investment from several UK pension funds, works with partners to provide accommodation and support for those facing housing insecurity and homelessness.
The fund, which is aiming to raise £1bn in investment by 2026, is seeking to help remedy a chronic shortage of social and affordable housing in the UK.