Project detail - JUNGLE VENTURES IV, L.P.

JUNGLE VENTURES IV, L.P.

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Who is our client

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.

Funding objective

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

Why we fund this project

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.

Environmental and social 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.

Region
Asia
Country
Asia
Sector
Infrastructure, Manufacturing and Services
Signing date
5/18/2022
Total FMO financing
USD 15.00 MLN
Fund
FMO
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