Tuesday
February 2
2021

AXA IM Alts Leads New Investment Round in Sanergy’s Africa and Asia Expansion

AXA IM Alts, a global leader in alternatives investments, through the AXA Impact Fund Climate and Biodiversity, along with Mani Kapital and Kepple Ventures, two Tokyo based investment platforms, have invested in Sanergy, an organics recycling company transforming how cities in the developing world manage waste by upcycling it into valuable agricultural inputs – insect-based protein for animal feed, organic fertilizer, and biomass fuel. This circular economy approach is cleaning up the environment, promoting sustainable agriculture, improving yields for farmers, and creating thousands of jobs along the value chain.

“The future of our planet requires both innovative thinking and bold, climate-friendly investing. We are delighted to partner with AXA IM Alts, an institutional investment manager with a strong investment solutions offering. AXA IM Alts’ vast investment experience and its networks will catalyze our growth,” said Ani Vallabhaneni, Sanergy CEO and Co-Founder.

Source: Business Africa Online (link opens in a new window)

Categories
Agriculture, Environment, WASH
Tags
agriculture, impact funds, innovation, recycling, sustainability, WASH