Project detail - JUNGLE VENTURES IV, L.P.

JUNGLE VENTURES IV, L.P.

Status: Approved investment
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Disclaimer

The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.

Who is our customer

Jungle Ventures IV is a South-East Asia-focused venture capital fund managed by a Singapore-based team. This is a follow-on fund of Jungle Ventures III, in which FMO invested in 2019.

What is our funding objective?

The Fund invests primarily in Series A financing rounds of scalable businesses in Consumer, SME and Global Tech.

Why do we fund this investment?

FMO is investing in Jungle Ventures IV to stimulate entrepreneurship across South-East Asia and support entrepreneurs in scaling up innovative businesses that can contribute to the sustainability of the local economic activity and prevent talent flight.

What is the Environmental and Social categorization rationale?

E&S risk categorization is B, based on the pipeline and investment strategy. The E&S risks are expected to be limited and mainly related to (i) labour issues (ii) data privacy (iii) customer rights and safety, and other risks related to the specific sectors of the investments.

Sub investments

Disclaimer

This data is updated annually so some investments might no longer be in FMO’s portfolio, while some newer investments may not yet be shown.

Name Country Region Sector
Walko Food Company Private Limited India ASIA Agri, Food and Water
Grayscale Ventures Pte. Ltd. Singapore ASIA Financial Institutions
Climate Alpha Global Pte Ltd United States of America (the) GLOBAL Diverse Sectors
Region
Asia
Country
Asia
Sector
Infrastructure, Manufacturing and Services
Publication date
2/14/2022
Effective date
5/18/2022
Total FMO financing
USD 15.00 MLN
Funding
FMO NV
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk Environmental & Social Category
(A, B+, B or C)
B