Accion Venture Lab, the seed-stage investment initiative of global nonprofit Accion, is adding $33 million to its initial capital pool, with the launch of a new $23-million fintech-focused fund and an additional $10 million investment from Accion.
Accion Venture Lab launched in 2012 with a capital of $10 million. The latest vehicle brings Accion Venture Lab’s total capital under management to $43 million.
