HDS, from the Borders and Webvan founder, raises $3M as it gears up to launch its robot-run grocery and general merchandise play
20 Apr, 2021
– MicroVest secured debt financing from the U.S. International Development Finance Corporation (DFC) to advance financial inclusion in emerging markets.
– The DFC will double the size of its financing to MicroVest’s flagship levered fund from $48m to $96m.
– MicroVest’s investments are aligned with six of the United Nations Sustainable Development Goals and are also aligned with the 2X Challenge, an initiative of G7 Development Finance Institutions to support women’s economic empowerment.