Investor insights
Sectors invested in
sustainability2
energy2
green energy2
Water2
Power2
Renewable Energy2
Desalination2
Energy2
Electrical Distribution2
Finance2
Financial Services2
domestic and international remittances1
Consumer Lending1
Lending1
Banking1
Corporate banking1
Current and savings accounts1
household loans and financial leasing1
various credit and lending products1
rural franchisee service for cooperatives1
Funding rounds participated in
$70M sweet spot round size
Most of their 4 investments are in rounds between $6M and $114M
Basic info
Industry
international affairs
Sectors
International Development Finance
Global Warming
Delivery Service
Global Economy
Climate Change
Cooperation
Sustainable Development
Climate-Resilient Development
Global Partnerships and Multilateral Engagement
Date founded
2010
Investments made
X
XacBank raised $25M on May 17, 2023
Investors: IRM Green Climate Fund
A
ACWA Power raised $123M on April 25, 2023
Investors: The OPEC Fund for International Development (OFID), Arab Bank and IRM Green Climate Fund
M
MDO “IMON INTERNATIONAL” raised $6M on August 18, 2022
Investors: IRM Green Climate Fund
A
ACWA Power raised $114M on April 23, 2021
Investors: Arab Bank, The OPEC Fund for International Development (OFID) and IRM Green Climate Fund