Tag: Backs

1982 Ventures backs Indo AgriTrading Marketplace PasarMIKRO

1982 Ventures has invested in PasarMIKRO, an Indonesian-based Agri Commodity Marketplace startup that empowers disadvantaged farmers by simplifying transactions for both farmers and traders.– PasarMIKRO has raised funds from 1982 Ventures and prominent angels.– PasarMIKRO is an ag-tech startup aiming to disrupt Indonesia’s USD$130B agriculture market by connecting farmers and traders.– PasarMIKRO will use the funds to expand its team and to reach out to more farming communities in Indonesia. PasarMIKRO was founded by former Altermyth co-founder Dien Wong. Since their pilot in December 2020 the company has helped farmers to trade and finance the distribution of over 5,000 tonnes ... Read more

ING backs first of its kind sustainable securitisation transaction for Bayfront Infrastructure Management

ING acted as joint global coordinator and sole sustainability structuring advisor for Singapore government sponsored Bayfront Infrastructure Management on its second infrastructure asset-backed securitised (IABS) issuance, Bayfront Infrastructure Capital II. This was successfully priced at $401 million and leverages Bayfront’s sustainable finance framework, which ING played a key role in developing. A significant milestone in the securitisation of project and infrastructure debt in Asia, this is the first time a sustainability tranche is included in such an issuance. “This is a feature we think will be more commonly seen going forward given the increasing demand for sustainable investment opportunities globally ... Read more

AU21 Backs XFai’s Reimagined Future of DeFi

AU21, one of the most reputable venture capital firms in the world focusing on blockchain and digital assets, has decided to partner with XFai through a strategic investment. The partnership comes at an important time, as XFai’s proposed changes in the DeFi space are quickly gaining momentum as the project’s public token sale — referred to as Liquidity Generation Event (LGE) — is quickly approaching. AU21 is proud to be bound to XFai by providing its support and access to its network for XFai to reach a wider audience within the DeFi space and help revolutionize the industry. XFai is ... Read more