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Magic Fund Raises $30 Million, to Give $100 – $300k Checks to Founders in Emerging Markets
MAGIC Fund, a global collective of founders that backs other founders to solve business challenges, has announced a $30 Million Fund II raise to continue backing early-stage startups.
- Categories
- Investing
- Region
- Global
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Gates Foundation Commits $2.1 Billion over the Next Five Years to Gender Equality
With this $2.1 billion commitment, the Gates Foundation plans to focus on three core areas that are key to advancing gender equality: economic empowerment; family planning and health; and accelerating women’s leadership.
- Categories
- Investing
- Region
- Global
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As Impact Investing Gains Pace, Crisil Launches ESG Scores of Companies
As impact investing gains pace, rating agency Crisil Ltd has launched its environmental, social and governance (ESG) scores for 225 companies across 18 sectors in India.
- Categories
- Impact Assessment, Investing
- Region
- Asia Pacific
- Tags
- ESG, governance, impact investing
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Press Release: G7 Development Finance Institutions Set New Goal of $15 Billion for Gender Lens Investment Through ‘2X Challenge: Financing for Women’ Initiative
The Japan International Cooperation Agency made a joint announcement setting a new goal of $15 billion to be mobilized over the next two years as a new phase of an initiative called “The G7 2X Challenge: Financing for Women” with development finance institutions aiming to unlock resources that will help advance women as entrepreneurs, as business leaders, as employees, and as consumers.
- Categories
- Investing
- Region
- Global
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The ABC Funds Invests $1 Million in High Impact Ag-Tech Apollo Agriculture
The Agri-Business Capital Fund (ABC Fund) has invested USD1 million in Apollo Agriculture (Apollo), a Kenyan ag-tech which uses machine learning and automated operations technology to help small scale farmers access the resources they need to maximise their profitability.
- Categories
- Agriculture, Investing, Technology
- Region
- Sub-Saharan Africa
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ACME Solar Attracts Equity Investment in New India Project
One of India’s leading independent power producers in the solar energy sector, ACME Solar, has signed a shareholders’ agreement to develop a 250-megawatt solar power project located in Rajasthan, India.
- Region
- Asia Pacific
- Tags
- ESG, renewable energy, SDGs
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Airbnb.org Launches $25 Million Fund to Support Refugees and Asylum Seekers
Airbnb.org announces Refugee Fund, a fundraising initiative to expand Airbnb.org’s support of refugees and asylum seekers worldwide.
- Categories
- Investing
- Region
- Global
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IKEA, Rockefeller Foundations Partner over $1 Billion Global Platform to Fight Climate Change
The IKEA Foundation and The Rockefeller Foundation have partnered to form a $1 billion global platform to fight climate change.
- Categories
- Energy, Environment, Investing
- Region
- Global