In Short : The International Finance Corporation (IFC) will invest $20 million in Transvolt Mobility, its first global equity investment in an EV fleet platform. Part of a $50 million round, the funding will help scale Transvolt’s fleet to 8,000 electric trucks and buses across India. The company also plans to create 8,200 jobs over […]
ADB Invests $20 Million in ABC Impact Fund II to Drive Sustainable Development in the Region – EQ
In Short : The Asian Development Bank (ADB) has invested $20 million in ABC Impact Fund II to support sustainable development across Asia. The $600M fund targets clean energy, inclusive finance, healthcare, and sustainable food systems. Backed by major investors, including Temasek, the fund will aid innovative companies like Aye Finance and DCDC Kidney Care […]
European Investment Bank (EIB) Commits Up to $20 million to Invest in Circulate Capital Ocean Fund I-B to Fight Plastic Pollution and Climate Change, and Advance the Circular Economy in Asia – EQ Mag Pro
New Commitment to Recycling and Climate Tech Fund Intends to Catalyze Institutional Investment into Enterprises that Develop Solutions to Combat Plastic Waste in Asia. Circulate Capital, the Singapore-based investment management firm financing high-growth opportunities at the nexus of climate-tech and plastics, recycling and the circular economy, announced today that the European Investment Bank (EIB) has […]