$12M sweet spot round size
Most of their 2 investments are in rounds between $5.4M and $18M
1998
Groupe Baobab raised $5.4M on October 27, 2009
Investors: AFD Group, European Investment Bank and PlaNet Finance
Groupe Baobab raised $18M on January 1, 2005
Investors: AFD Group, European Investment Bank, IFC Asset Management Company (AMC) and PlaNet Finance