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These grants support ventures that may be too nascent or speculative for traditional investment avenues. Kiva offers crowdfunded microloans to entrepreneurs who lack access to traditional banking systems. The fund focuses on microloans that can help purchase inventory, fund operational expenses, or expand the business.
DEALS > UNICORN SoftBank Group and Dynamo led a US$190m Series E round in MadeiraMadeira, a Brazilian home goods e-commerce startup, with participation from VELT Partners, Brasil Capital, and Brazilian family office Lakewood Investment Management, and follow-on from monashees and Flybridge Capital. Acumen led a US$4.5m
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