N

Norfund

147 employees

Norfund is an active, strategic minority investor.

Investor insights

Sectors invested in

Renewable Energy16
Energy15
Solar10
Financial Services8
Agriculture5
Banking4
Food and Beverage4
Clean Energy4
Consumer4
Power Grid3
Finance3
FinTech3
Farming3
Tourism2
Solar Energy2
energy access2
decentralized energy provider2
PAYG technology2
global solar energy company2
Communities2

Funding rounds participated in

$17M sweet spot round size

Most of their 52 investments are in rounds between $8M and $62M

Investor type

Venture Capital

Basic info

Industry

venture capital and private equity principals

Sectors

Renewable energy investements
Private Equity
Agricultural investments
Frontier market investments
Finance
Financial Sector Investment
Venture capital

Date founded

1998

Investments made

U

Undisclosed raised $42M on August 11, 2023

Investors: Norfund

W

Wecyclers Corporation raised $2.2M on July 13, 2023

Investors: Norfund

-

- raised $130M on May 30, 2023

Investors: British International Investment, Standard Chartered Bank India, PTA Bank, Absa Bank Kenya PLC and Norfund

H

Hela Clothing Pvt Ltd raised $14M on February 27, 2023

Investors: Norfund

U

Undisclosed raised $21M on January 24, 2023

Investors: 54 Capital and Norfund

S

Sukhbir Agro Energy Limited raised $62M on January 15, 2023

Investors: Norfund

W

Wave Mobile Money raised $92M on July 7, 2022

Investors: Pario Ventures, responsAbility Investments AG, Symbiotics, BlueOrchard Finance Ltd, Finnfund and Norfund

L

Lona Citrus (Pty) Ltd raised undisclosed on May 23, 2022

Investors: Phatisa, Finnfund, British International Investment and Norfund

U

Undisclosed raised $8M on April 20, 2022

Investors: Norfund

A

AgDevCo raised $70M on February 24, 2022

Investors: CDC Group plc and Norfund

FAQ