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FMO, a Dutch development bank, empowers African businesses through debt financing, focusing on Series B rounds. With investments in TeamApt, Lumos, and M-KOPA, FMO stands out as a catalyst for innovation and impact in the African startup ecosystem, helping businesses scale and drive positive change.
FMO's Latest news
SAHEL: FMO grants €5.5m to SolarX to provide solar energy to SMEs - AFRIK 21
MICROCAPITAL BRIEF: Sahyadri Farms Raises $39m in Equity from Incofin, FMO, Korys, Proparco to Boost Smallholder Farmers' Exports of Fruits, Vegetables - MicroCapital
Sahyadri Farms Raises $39m in Equity from Incofin, FMO, Korys, Proparco to Boost Smallholder Farmers’ Exports of Fruits, Vegetables - MicroCapital - MicroCapital
MICROCAPITAL BRIEF: Sahyadri Farms of India Raises $39m in Equity from Incofin, FMO, Korys, Proparco to Boost Smallholder Farmers' Exports of Fruits, Vegetables - MicroCapital
| Round | Startup | Location | Date | Amount Raised |
|---|---|---|---|---|
| Debt Financing | Nigeria | Jan 25, 2024 | $ 10,000,000 | |
| Series A | Nigeria | Sep 04, 2023 | $ 7,850,000 | |
| Debt Financing | South Africa | Feb 11, 2021 | $ 500,000 | |
| Seed | Nigeria | Mar 23, 2021 | $ 125,000 | |
| Seed | Nigeria | Mar 23, 2021 | $ 125,000 | |
| Seed | Nigeria | Mar 23, 2021 | $ 125,000 | |
| Seed | Nigeria | Mar 23, 2021 | $ 125,000 | |
| Seed | Nigeria | Mar 23, 2021 | $ 125,000 |
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