BANGLADESH-BASED clean energy firm SOLshare has closed a US$1.1 million financing round supported by Singapore-based debt and equity crowdfunding platform IIX Impact Partners. READ MORE
For the funding, the company was supported by IIX Impact Partners—the world’s most successful debt and equity crowdfunding platform for impact investing—through its network of impact investors. READ MORE
Over the past decade, IIX has built a highway of support for enterprises across their stages of growth, effectively connecting them to capital markets through Impact Partners. With investors reeling from the market meltdown, we believe that RRI investment strategies will become the new norm. READ MORE
First reported by the Daily Star, the funding round was supported by IIX Impact Partners – the debt and equity crowdfunding platform for impact investing and included follow-on capital from existing investors, Innogy New Ventures LLC and EDP Ventures and as well as undisclosed new angel investors from around the world.. READ MORE
SINGAPORE, 3 July 2020 – IIX Impact Partners – the world’s most successful debt and equity crowdfunding platform for impact investing – has supported Bangladesh-based off-grid solar energy firm SOLshare in closing a US$1.1 million financing round. Investors include innogy New Ventures LLC – the venture capital investment arm of the German utility firm innogy SE— the investment arm of Portuguese utility firm EDP Ventures, as well as new angel investors from around the world. Funding will be used to bring smart solar microgrids to off-grid, underserved communities in Bangladesh, putting SOLshare on track to positively impact 2.5 million people by 2023.
IIX Chief Investment Officer and MD of Portfolio Management Robert Kraybill said: “IIX is thrilled to continue supporting SOLshare, following our 2018 investment through our IIX Growth Fund.. READ MORE
Singapore- based Impact Investment Exchange (IIX) on Friday announced that it has backed the $1.1-million financing round for Bangladesh-based off-grid solar energy firm SOLshare. READ MORE
Some courses are emerging from outside the business school sector. In April, for example the IIX Impact Institute — part of IIX, which was created to develop the world’s first listed exchange for impact investing companies — launched an online course called Measuring Impact for Sustainability. READ MORE
Impact Investment Exchange, a Singapore-based enterprise whose platforms connect impact investors with underserved communities, issued its second Women’s Livelihood Bond in January this year. The US$12 million social bond is listed on the Singapore Exchange and a third bond is being planned as part of the US$150 million series. READ MORE
Cambodia is one of the countries that benefits from Asia-based Impact Investment Exchange (IIX)’s Women’s Livelihood Bond Series as they recently won the P4G Scale-Up Partnership to scale a first-of-its-kind innovative finance solution for gender-equal COVID-resilience and green growth across Asia. READ MORE
