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Capria Network invests USD92.1m in Global South as of 2020

Capria Ventures, a global investor with the largest network of fund managers in emerging markets, termed the Global South, has released its annual impact report. According to the report, Capria and its affiliated network of funds have invested USD92.1 million as of December 2020, impacting 16.5 million lives across regions despite the pandemic-induced setbacks. 

Capria’s network of 14 Fund managers have invested USD 92.1 million in early-stage startups spread across 56 countries as of Dec ‘2020.

“Capria is delivering market-rate returns while also creating impact through its investments in the Global South, specifically, in the tech hubs of Latin America, Africa, India, and SE Asia. After a year like 2020, our work has never been more important. While the planet was going through an existential crisis, Capria’s global network of fund managers continued their investing programs, supporting startups that were instrumental in delivering digital education to families in lockdown, operating logistics networks for goods delivery, offering remote diagnostics for Covid-19, and many other essential services,” says Will Poole, Managing Partner and Co-founder, Capria Ventures. “In addition to continuing to deploy capital to startups, we were pleased to see our aggregate impact climb to more than 16 million individuals. With most of our investments going into early-stage startups, we’re just getting going.”

Capria’s flagship USD57 million Capria Fund invests exclusively in and alongside Capria Network partner funds. The fund is backed by leading investors such as International Finance Corporation (IFC), the investment arm of the World Bank; Vulcan Capital, the multi-billion-dollar investment arm of the late Microsoft co-founder and philanthropist Paul Allen; Gates Ventures, the private office of Bill Gates; Ford Foundation, an American private foundation and Omidyar Network, among others.

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