
GAWA Capital
Description
GAWA Capital is a prominent impact investing firm based in Madrid, Spain, dedicated to fostering social and economic development in underserved markets globally. Established with a clear mission to generate positive social and environmental impact alongside financial returns, the firm focuses on sectors critical to sustainable development, primarily financial inclusion and sustainable agriculture. Their strategic investments aim to empower entrepreneurs, create jobs, and improve living standards for vulnerable populations in developing countries.
The firm manages several specialized funds, with the Huruma Fund being one of its most significant initiatives. Launched in 2019, the Huruma Fund is a €120 million vehicle co-sponsored by the European Commission and the Spanish Agency for International Development Cooperation (AECID) through FONPRODE. This fund specifically targets investments in agricultural enterprises and financial institutions that serve smallholder farmers and rural communities in Latin America, Sub-Saharan Africa, and Asia. Prior to this, GAWA Capital also managed the Magallanes Impact Fund, which focused on providing financing to microfinance institutions across more than 10 countries, demonstrating a long-standing commitment to financial inclusion.
GAWA Capital's investment strategy typically involves providing a mix of debt and equity financing to established financial intermediaries and agricultural businesses. These investments are characterized by their focus on scalability and measurable impact, ensuring that capital deployment directly contributes to poverty reduction, food security, and economic resilience. For its primary investments, particularly through the Huruma Fund, GAWA Capital typically deploys first cheques ranging from approximately $5 million to $16 million, targeting entities that can demonstrate strong social performance and robust financial health.
As a leading player in the European impact investing landscape, GAWA Capital has built a reputation for its rigorous due diligence and commitment to long-term partnerships. The firm's portfolio companies collectively serve millions of beneficiaries, reflecting its deep commitment to its mission. With total assets under management exceeding €200 million across its various funds, GAWA Capital continues to expand its reach and influence, channeling capital towards impactful solutions that address some of the world's most pressing development challenges.
Investor Profile
GAWA Capital has backed more than 23 startups, with 0 new investments in the last 12 months alone. The firm has led 7 rounds, about 30% of its total and boasts 3 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Private Equity, Series C, Series D rounds (top funding stages).
- Majority of deals are located in India, Colombia, Peru.
- Strong thematic focus on Financial Services, Finance, Micro Lending.
- Typical check size: $5M – $16M.
Stage Focus
- Private Equity (65%)
- Series C (13%)
- Series D (9%)
- Debt Financing (9%)
- Series E (4%)
Country Focus
- India (43%)
- Colombia (9%)
- Peru (9%)
- Germany (4%)
- Nicaragua (4%)
- Mexico (4%)
- Ghana (4%)
- Panama (4%)
- Georgia (4%)
- Sri Lanka (4%)
Industry Focus
- Financial Services
- Finance
- Micro Lending
- Fintech
- Lending
- Business Development
- Social Entrepreneurship
- Agriculture
- Banking
- Consumer
Frequently Asked Questions
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