AUGUST 28, 2019 – WASHINGTON DC & SINGAPORE– Impact Investment Exchange (IIX) – a global organization dedicated to building a more inclusive world through innovative finance and support for high-impact enterprises – has won the 2019 P4G State-of-the-Art Partnerships Award for advancing progress in Food Security and Sustainable Agriculture through its pioneering Women’s Livelihood BondTM Series (WLB Series).
SINGAPORE AND AUSTRALIA, 15 August 2019 – ATEC* Biodigesters International (ATEC*) – a triple bottom line impact enterprise with pioneering biodigester technology — has raised debt financing from US-based impact investor Beneficial Returns to launch the world’s first PAYGO (pay-as-you-go) model for biodigesters. Singapore-based Impact Investment Exchange (IIX) facilitated the deal through its Impact Partners platform—Asia’s largest crowdfunding platform for impact investing.
SINGAPORE AND INDONESIA, 25 July 2019 – Indonesia-based impact enterprise (IE) Krakakoa—a woman-led bean-to-bar chocolate maker—has raised funding from Singapore-based investors IIX Growth Fund and LIC VC, as well as individual impact investor and co-founder of SYSTEMIQ Jeremy Oppenheim. Impact Investment Exchange (IIX) led the investment round. On track to break even by 2020, Krakakoa will use the funding to provide 1,000 smallholder farmers and 20 female factory workers with sustainable livelihoods, and avoid over 64,000 kg of chemicals through environmentally-friendly farming methods.
SINGAPORE AND NEW YORK, 10 July 2019 – UN Women—the UN organization dedicated to gender equality—has partnered with Impact Investment Exchange (IIX)—a global organization dedicated to changing financial systems and creating innovative solutions to women’s empowerment to mobilize large-scale capital to empower underserved women through innovative finance.
IIX awarded S$1.2M from Australian government to develop ecosystem for gender lens investing in Asia
SINGAPORE, 11 April 2019 – Impact Investment Exchange (IIX) – a global organization dedicated to building a more inclusive world through innovative finance and support for high-impact enterprises – has been awarded S$1.2M from the Australian Government’s Department of Foreign Affairs and Trade (DFAT) to develop the ecosystem for gender lens investing in Asia. With a decade of experience building the impact investing market and driving women’s empowerment across the world, IIX will leverage its ecosystem and gender-focused approach to support the growth of 500 impact enterprises across Asia.
SINGAPORE, 6 March 2019 – IIX – a global organization dedicated to building a more inclusive world through innovative finance and support for impact enterprises – has announced partnering with the Australian Government’s Department of Foreign Affairs and Trade (DFAT) for the Women’s Livelihood BondTM Program (WLB2). The WLB2 is a US$100M bond series empowering one million underserved women in Asia with sustainable livelihoods. The WLB2 will be sold in three tranches. With the support from the Australian government, the first bond in the WLB2 series is on track to launch Q2 2019. Other partners include DBS Bank, Shearman & Sterling LLP, Latham & Watkins LLP, and Cyril Amarchand Mangaldas.
SINGAPORE, 27 November 2018 – Freyr Energy (“Freyr”)—an India-based full-service solar solutions firm providing access to cleaner, safer, and cheaper energy—has closed a US$1.5M Series A round on Impact Partners—the world’s largest crowdfunding platform for impact investing. Operated by Singapore-based IIX, Impact Partners brought together a consortium of global investors including Netherlands-based C4D Partners and India-based angel investors. According to IIX’s impact assessment, funding will expand access to reliable and affordable solar energy to 2,275 households and 2,975 businesses, enable 675 off-grid rural villages to enjoy electricity for the first time through micro-grids, and avoid 167,270 metric tons of CO2 emissions by 2022.
SINGAPORE, 28 September 2018 – IIX – a global organization dedicated to building a more inclusive world through innovative finance and support for high-impact enterprises – announced their first Bangladesh investment from the IIX Growth Fund, into off-grid solar energy firm SOLshare. IIX brought together a consortium of investors including innogy New Ventures LLC (the venture capital investment arm of the German utility firm innogy SE), and Portuguese utility firm EDP, to close a US$1.66 million Series A round. Funding will be used to increase access to clean energy for over 19,000 rural households and 14,000 micro-entrepreneurs, and address climate change by avoiding over 2,200 metric tons of carbon emissions by 2021.
SINGAPORE, 18 September 2018 – IIX – a global organization dedicated to building a more inclusive world through innovative finance – today announced the results of a study on gaps in women’s health services, financing, and outcome measurement in the United States. Focused on underserved women in California, Minnesota and New York, the study demonstrates a new patient-centered, inclusive model for financing, measuring and driving improved health outcomes, reducing long-term costs, and integrating patients’ voices into health care delivery.
The study was supported by the Medtronic Foundation, which is focused on expanding access to quality chronic disease care among underserved populations worldwide, as well as supporting health initiatives in communities where Medtronic employees live and give. IIX and Medtronic Foundation partnered to assess the potential for an innovative financial structure – the Women’s Health Bond – that unlocks new resources for underserved women and improves the rigor of health measurement, and to build a health outcomes assessment toolkit publicly available for any organization to use looking to improve its own performance.
SINGAPORE, 4 September 2018 – IIX–a global organization dedicated to building a more inclusive world through innovative finance and support for high-impact enterprises–has partnered with the Korea International Cooperation Agency (KOICA) to accelerate early-stage enterprises with innovative social and environmental solutions to the Sustainable Development Goals (SDGs). IIX and KOICA will jointly contribute US$1.2 million over five years to support 18 enterprises across South and Southeast Asia, with the aim to impact the lives of 8 million people.