Dutch company Gradyent is being backed by a range of investors, including Blue Earth Capital, SEB Greentech and Eneco, to expand its energy saving software.
The private equity firm’s third fund, which will focus on driving sustainable development across Africa, attracted commitments from 19 predominantly European institutional investors.
The fresh investment will help the sustainable agroforestry enterprise create further income-generating opportunities for smallholders in the mountain kingdom, while also arresting land degradation.
The fund aims to help the Japanese paper-products manufacturer to achieve its 2030 environmental goals of growing their sustainable forestry assets and reducing carbon emissions.
A report from the Amsterdam-based firm shows 122 impact funds launched in 2024, bringing the total number of launches since 2015 to almost 3,000 funds.
The alternatives investments specialist said the fund has invested in nine private equity funds and that it plans to launch a successor climate technology fund later in the year.
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