Rally Cap VC, a fintech investor for emerging markets, spins out $5M climate fund
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Rally Cap VC, a fintech investor for emerging markets, has launched Rally Cap Climate, a $5 million climate tech fund. The firm has reached the first close of $2.5 million and expects a final close of $5 million. The fund focuses on climate tech startups in Africa and globally, with a preference for adaptation strategies and software solutions. Rally Cap Climate invests between $50,000 and $100,000 in its portfolio companies and provides co-investment opportunities to its limited partners. The firm's fintech fund, Rally Cap VC, remains a priority and has a 2x MOIC with 15 startups in its portfolio.

#RallyCapVc #ClimateTech #Fintech #EmergingMarkets #Fundraising

https://techcrunch.com/2024/02/08/rally-cap-vc-a-fintech-investor-for-emerging-markets-spins-out-5m-climate-fund/