$12M sweet spot round size
Most of their 53 investments are in rounds between $4M and $31M
1977
Undisclosed raised $198M on July 26, 2023
Investors: IIC - Inter-American Investment Corporation and PROPARCO
Nuru raised $40M on July 3, 2023
Investors: Gaia Impact Fund, The Global Energy Alliance for People and Planet (GEAPP), Energy Access Ventures, REPP (Renewable Energy Performance Platform), Voltalia and PROPARCO
Maad raised $219K on June 16, 2023
Investors: PROPARCO
Gravita India Limited raised $38M on May 3, 2023
Investors: PROPARCO
Raxio Data Centre raised $170M on April 17, 2023
Investors: Emerging Africa Infrastructure Fund and PROPARCO
Nuru raised $1.5M on March 9, 2023
Investors: REPP (Renewable Energy Performance Platform), Energy Access Ventures and PROPARCO
- raised $15M on March 7, 2023
Investors: PROPARCO
Fleeti raised $3.2M on March 6, 2023
Investors: Newfund, Janngo.africa and PROPARCO
LAPROPHAN S.A. raised undisclosed on February 21, 2023
Investors: DEG Digital, Mediterrania Capital Partners and PROPARCO
TozzaPlus raised $2.7M on February 21, 2023
Investors: P1 Ventures, Kara Ventures, Saviu Ventures, Launch Africa Ventures, Acadian Ventures, Axian Group, Fondation Botnar and PROPARCO