Led · Series B · Jun 2026

Founded in 2016 and dual-headquartered in Amsterdam and Madrid, Twinco Capital advances financing at the purchase order stage—often advancing up to 60% of order value upfront and the remainder on delivery—by underwriting supplier performance risk using proprietary risk intelligence and real-time operational data. Since launch it has financed over $1B across thousands of transactions with zero credit losses and serves clients including Mango, Vertbaudet, Lojas Renner and Centric Brands. The company employs 44 people and has raised equity totaling roughly $73M to date. With the new €150M Santander-led securitisation and the €15M Series B, Twinco aims to scale and institutionalise purchase order finance as an investable asset class. Its recent funding package provides both growth equity and institutional debt funding to support that expansion.

Participated · Series B · Mar 2026

Co-founded in 2022 and based in Mumbai, Ecofy provides financing for economically sustainable climate initiatives including EVs, rooftop solar systems, energy-efficient equipment, energy storage, e-mobility, waste recycling, and water management. The company serves over 130,000 customers across 26 states and more than 500 cities and has grown assets under management to over Rs 1,400 crore. Ecofy reported revenue from operations rising 4.8X to Rs 93.3 crore in FY25 from Rs 19.19 crore in FY24, while losses increased 15.6% to Rs 42.28 crore. Its loan book is entirely retail, supported by partnerships with more than 100 OEMs and more than 23 banks and financial institutions. After recent fundraises, including the $15 million debt from Mirova and earlier equity from British International Investment, Finnfund, and FMO, the company cites a capital adequacy ratio of approximately 50% as it scales lending for rooftop solar and electric mobility across India.

Led · Equity · Feb 2026

Mumbai-based Radiance Renewables is a clean-energy platform backed by Eversource Capital that focuses on supplying renewable power to India’s commercial and industrial (C&I) sector. The company deploys rooftop solar, open-access solar farms, and complementary battery storage to help businesses lower electricity costs and secure reliable green power. Radiance has scaled its operational solar capacity from 38 MW to nearly 600 MW in just four years and now has close to 1 GW of projects either operating or under construction. With fresh growth capital, it plans to build and operate an additional 926 MW of solar capacity across the country. Rising electricity tariffs and supportive Indian regulations are driving demand for its offering, providing a large addressable market. The firm’s prior financings include a ₹5.5 billion (≈$62.6 million) facility from NIIF Infrastructure Finance and a $90 million green loan for a 150 MW greenfield project in Maharashtra, highlighting an ability to attract both equity and debt capital.

Led · Equity · Dec 2025

BlackSoil Capital operates as an alternative credit non-banking financial company focused on supplying growth capital to MSMEs and startups through a dedicated lending platform. The firm positions itself around strong governance and measurable impact, attributes underscored by the involvement of a development finance institution in its latest funding. After an 18-month effort complicated by a merger process, the company secured its first institutional raise, signaling outside validation of its business model. The ₹65 crore infusion bolsters BlackSoil’s balance sheet and extends its capacity to serve the credit needs of emerging businesses. Management indicated that, with the financing closed, the emphasis will return to executing and scaling the platform’s operations. Hashtags referenced by the team (#impact, #credit, #msme, #startups, #growthcapital) reinforce the company’s sectoral focus and mission.

Led · Equity · Dec 2025

Founded in 2008 by Idrissa Nassa, Coris Bank International has grown from a small local lender with about $3 million in capital into a regional banking group with more than $9 billion in assets. Headquartered in Burkina Faso, the bank now operates in Côte d’Ivoire, Mali, Togo, Senegal, Benin, Niger, Guinea-Bissau, and Chad. Its core offerings span retail banking, SME financing, and trade-corridor services, all targeted at underserved West African markets. Growth has come via a mix of organic branch rollouts and selective acquisitions, underpinned by a focus on financial inclusion. The institution is increasingly institutionalised, pairing founder-led vision with governance upgrades demanded by international investors. Recent funding will be channelled into further branch expansion, lending-book growth, and upgrades to its digital banking infrastructure, positioning Coris to compete with local and international peers while maintaining prudent risk management across ten jurisdictions.