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Climate Change: Catalyst Fund announces $2 million investment into 10 Startups
The Kenya-based equity fund will support 10 startups building solutions to improve the resilience of climate-vulnerable communities in Africa. Each of them will be offered $100K of equity investments as well as $100K of hands-on venture-building support. These companies will join Catalyst Fund’s existing portfolio of 61 startups across emerging markets. They have raised over US$640 million in follow-on funding to date, and currently serve more than 14 million individuals and MSMEs globally.