IFC, French firm Proparco back impact investor Circulate Capital’s ocean fund

Singapore-based impact investor Circulate Capital has announced the third close of Circulate Capital Ocean Fund I-B (CCOF I-B), bringing its total commitments to US$53 million. International Finance Corporation invested US$10 million in CCOF I-B , while Proparco, a subsidiary of Agence Française de Développement (AFD) devoted to private-sector financing, injected US$5.6 million. IFC’s investment includes an […] The post IFC, French firm Proparco back impact investor Circulate Capital’s ocean fund appeared first on e27.