Participated · Series A · Feb 2026

Founded in 2022 in Aix-en-Provence by Anaïs Bach and Damien Ricordeau, Hummingbirds provides the technical capital and in-house ESG expertise needed to bring greenfield restoration projects to the point where they can issue verified, tradable carbon credits. Its current portfolio includes a 300-hectare mangrove restoration effort in Kenya, sustainable timber and conservation activities on Mount Kei in Uganda, and efficient cookstove distribution programs in Benin and Uganda. By positioning itself upstream, the company aims to remedy the supply bottleneck of high-quality, bankable carbon projects and de-risk them for long-term corporate and sovereign off-takers. Hummingbirds commits to selling credits only to buyers with verified science-based decarbonisation targets and targets 250,000 beneficiaries, half of whom are women, through its projects’ social co-benefits. The platform also plans to leverage the EDFI Carbon Sinks guarantee to enhance transparency and provide a financial safety net for EU-backed climate investments. Its focus on tangible land-based restoration seeks to avoid the regulatory pitfalls that recently shook Kenya’s carbon market, underscoring a strategy centered on credibility and measurable impact.

Participated · Equity · Nov 2025

SolarSaver develops, finances and operates small-scale distributed solar and battery installations for businesses in Southern Africa. The company supplies electricity through power purchase agreements and rent-to-own contracts that eliminate upfront capital requirements for customers, allowing SMEs to secure reliable power and stabilize energy costs. SolarSaver currently manages more than 700 installations with a combined capacity of roughly 140 MW across South Africa, Namibia, Botswana and Zambia. Its zero-capex model helps firms replace expensive diesel generators and mitigate the effects of chronic grid instability in the region. With new funding in hand, the company plans to accelerate deployment of additional rooftop and on-site systems, further easing pressure on national grids. Investor interest highlights growing demand for scalable, decentralized clean-energy solutions that bolster economic resilience while advancing climate goals.

Participated · Series C · Oct 2025

Founded in 2015, Moniepoint (formerly TeamApt) offers a comprehensive financial platform that spans digital payments, business and personal banking, credit, cross-border payments, and business management software for micro, small, and medium-sized enterprises. Originally focused on building payment infrastructure for traditional banks, the company has broadened its suite to serve both merchants and individual consumers. Moniepoint supports more than 10 million active business and personal banking customers and processes over US$250 billion in annual digital payment transaction value. Recent product launches include MonieWorld, a remittance service for the African diaspora in the UK, and an integrated payment and bookkeeping tool aimed at simplifying MSME operations. The company generates revenue primarily from transaction fees, banking services, and credit products, though exact figures were not disclosed. With fresh capital in hand, Moniepoint plans to accelerate expansion across additional African markets and into select international geographies while continuing to roll out new financial solutions. The firm has already attracted a diverse base of global investors that include leading development finance institutions and fintech-focused VCs.

Participated · Equity · Jul 2024

Xurya operates as a solar service provider that offers customers a "no-investment" leasing system for adopting solar. Its one-stop solution covers PLTS feasibility studies, installation, operation and maintenance. The model lets users deploy solar without upfront capital through the leasing arrangement. On July 1, 2024 the company announced a $55 million strategic investment. The financing was led by the Norway Climate Investment Fund, with participation from Swedfund, Clime Capital, British International Investment and AC Ventures. The article does not disclose operating metrics, use of proceeds, or other financial details. Launched in 2018 in Indonesia, Xurya offers a no-investment leasing approach and an all-in-one PLTS solution covering feasibility studies, installation, operation, and maintenance (including component replacement). The company serves a range of sectors including manufacturing (food & beverage, FMCG, construction materials, metals, textiles, garments), cold storage, logistics centers, hotels, and shopping malls. Xurya says it has completed over 50 PLTS projects and maintains a portfolio of multi-megawatt power-generating installations. Notable customers include Tokopedia, Traveloka, MGM Bosco, and Plaza Indonesia. The company reported a 3x increase in its PLTS in 2021. Xurya intends to use new funding to continue building rooftop solar capacity and to invest in technology and human resources.

Led · Debt Financing · Feb 2024

Apollo Agriculture provides loans to smallholder farmers in Kenya, originating and servicing smallholder loan receivables often to first-time borrowers and many women. The company packages pools of these farmer loans and can securitize them to access local-currency capital, addressing prior challenges of borrowing in foreign currencies and hedging costs. In the described transaction Apollo sold nearly 24,000 loans through Kaleidofin’s Ki platform to mobilize 276 million Kenyan shillings. The securitization received a BBB- rating from Agusto and was structured with regulatory support from UK-funded FSD Africa. Apollo plans this deal as the first in a multi-year program expected to generate 2.4 billion Kenyan shillings and expand its lending to over 130,000 farmers. The company is based in Nairobi.