Singapore's IIX leads $1.66m Series A in Bangladesh solar energy firm SOLShare

Visual from SOLshare's website

Singapore-based IIX Growth Fund has anchored a $1.66-million Series A round in SOLshare, a Bangladeshi off-grid solar energy firm that seeks to increase clean energy for over 19,000 households in the country.

IIX Growth Fund, a social and environmental impact fund backed by Singapore-based Impact Investment Exchange (IIX), marks its first Bangladesh investment in SOLshare, which also received investment from Silicon Valley-based Innogy New Ventures and Portuguese utility firm EDP. IIX also supported SOLshare as a mentor in 2012.

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