Wednesday
July 10
2024

Luxembourg InsurTech Startup Ibisa Secures $3 Million for Climate Insurance Expansion in Africa

Luxembourg-based climate insurance innovator Ibisa has secured $3 million in funding to accelerate its expansion in Africa and Asia.

The funding round was led by Acumen Resilient Agriculture Fund (Araf) and Equator, with participation from Asian Development Bank Ventures (ADBV) and existing investors like Ankur Capital.

Photo courtesy of Megapixl.

Source: Empower Africa (link opens in a new window)

Categories
Environment
Tags
business development, climate change, innovation, lending, startups