Roodgally Senatus

3 days ago | impactalpha.com | Roodgally Senatus

Microsoft and Truist answered a call from the US government’s Federal Deposit Insurance Corporation four years ago to create a pooled investment fund to finance mission-driven banks in underbanked US communities. The corporations helped launch the Mission Driven Bank Fund with an initial $120 million, which also included an anchor commitment from Warner Brothers Discovery.

4 days ago | impactalpha.com | Roodgally Senatus

Energize Capital (formerly Energize Ventures) is betting on software tools to streamline electricity grid interconnections, next-generation manufacturing and the circular economy. Demand for such “asset-light” climate solutions is driven by the accelerating energy transition, the reshoring of manufacturing and global supply chain shifts.

5 days ago | impactalpha.com | Roodgally Senatus

The venture capital arm of Paris-based global investment firm Cathay Capital has raised $1 billion for its third fund, nearly matching the same amount Cathay Innovation raised for its first two venture funds combined. Cathay’s corporate partners, including BNP Paribas Cardif, TotalEnergies, Sanofi and other global institutional investors, are looking for early access to AI technologies with potential to reinvent industries like healthcare, financial services, energy and mobility.

6 days ago | impactalpha.com | Roodgally Senatus

Indian developer of solar and agricultural waste-to-energy projects, SAEL Solar, has raised $132 million in debt from the Asian Infrastructure Investment Bank, French financial services group Societe Generale and New Development Bank, which serves“BRICS” nations. The funding will finance a 300-megawatt solar power plant in Andhra Pradesh state, which SAEL won with a competitive bid from the Solar Energy Corporation of India.

6 days ago | impactalpha.com | Roodgally Senatus

Prime Coalition is looking to help meet the financing needs of climate tech startups on the brink of commercialization. Government funding cutbacks and a slowdown in climate tech investment have hampered companies building their first commercial plants, known as first-of-a-kind projects, or FOAKs, that don’t fit the venture capital funding model and are often deemed too risky for commercial infrastructure and debt investors.