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Rally Cap VC Dives into Climate Tech: Launches $5M Fund Amidst Growing Trend

Rally Cap VC Dives into Climate Tech: Launches $5M Fund Amidst Growing Trend

#venture capital
#climate and sustainability
#investments
#funding
#climate-tech
Rally Cap VC, known for its focus on emerging markets fintech, has ventured into climate tech with the launch of Rally Cap Climate, a $5 million fund. The move reflects a shift in investment trends, as climate tech gains prominence as the new frontier. The fund has already achieved its first close at $2.5 million and anticipates a final close at $5 million.

Kenya-based climate tech startup, Amini, secured funding in quick succession, underscoring the burgeoning interest in climate tech. Rally Cap VC, a fintech-focused venture capital firm, has responded to the growing allure of climate tech by establishing Rally Cap Climate, a $5 million fund. While still committed to fintech, Rally Cap recognizes the appeal of climate tech founders offering solutions to business customers. This shift aligns with a broader trend among emerging market-focused investors exploring commercially viable climate investments, reflecting a departure from the previous philanthropic perception. Rally Cap Climate intends to focus on adaptation strategies, particularly software solutions, with an investment range of $50,000 to $100,000 per portfolio company, aiming for 50 investments in total. The fund aims to provide cross-border support, maintaining its emerging market DNA and offering co-investment opportunities to limited partners.


#ClimateTech #FintechInvestment #EmergingMarkets #VentureCapital


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