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IFC Venture Capital Group

North America, District of Columbia, United States, Washington

Description

The IFC Venture Capital Group is the dedicated venture capital arm of the International Finance Corporation (IFC), a member of the World Bank Group. Its primary mission is to foster sustainable private sector development in emerging markets by providing crucial equity financing to innovative ventures and growth-stage companies. Unlike traditional venture capitalists, IFC's investment strategy is guided by a dual mandate: achieving strong financial returns while simultaneously generating significant development impact, such as job creation, economic growth, and improved access to essential services in underserved regions.

The group strategically targets companies across vital sectors including technology, digital infrastructure, financial services, healthcare, education, and climate-smart solutions. They seek out businesses that not only demonstrate robust growth potential but also align with IFC's broader development goals, promising substantial social and environmental benefits. The IFC Venture Capital Group often acts as a lead investor or a significant co-investor, leveraging its extensive global network, deep market insights, and technical expertise to support its portfolio companies beyond mere capital injection, providing valuable advisory services to help them scale responsibly and sustainably.

IFC Venture Capital Group typically deploys substantial capital, with initial investments often ranging from approximately $5 million to $25 million, although larger commitments are possible for more mature growth-stage opportunities that fit their strategic objectives. For instance, recent public records indicate a $10 million investment in a Nigerian agritech firm and a $15 million commitment to an Indian fintech company. Their geographic reach is truly global, encompassing diverse markets across Africa, Asia, Latin America, and parts of Eastern Europe, focusing on regions where private capital may be scarce but the need for impactful development is high. This unique approach positions them as a critical player in bridging the gap between development finance and private equity in challenging yet promising markets.

Investor Profile

IFC Venture Capital Group has backed more than 55 startups, with 1 new investments in the last 12 months alone. The firm has led 12 rounds, about 22% of its total and boasts 12 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series Unknown, Series B, Series C rounds (top funding stages).
  • Majority of deals are located in India, United States, Brazil.
  • Strong thematic focus on E-Commerce, Internet, Renewable Energy.
  • Typical check size: $5M – $25M.

Stage Focus

  • Series Unknown (29%)
  • Series B (24%)
  • Series C (18%)
  • Private Equity (7%)
  • Series A (7%)
  • Seed (5%)
  • Debt Financing (4%)
  • Series D (4%)
  • Series E (2%)

Country Focus

  • India (24%)
  • United States (20%)
  • Brazil (7%)
  • China (7%)
  • Kenya (5%)
  • Nigeria (5%)
  • Colombia (4%)
  • Egypt (2%)
  • Uruguay (2%)
  • Argentina (2%)

Industry Focus

  • E-commerce
  • Internet
  • Renewable Energy
  • Education
  • Software
  • Marketplace
  • Edtech
  • Health Care
  • Financial Services
  • Shopping
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does IFC Venture Capital Group frequently co-invest with?

International Finance Corporation
North America, District of Columbia, United States, Washington
Co-Investments: 8
Endeavor Catalyst
North America, New York, United States, New York
Co-Investments: 3
Black River Ventures
North America, Midland, Cayman Islands, Grand Cayman
Co-Investments: 2
SAIF Partners
Asia, Hong Kong Island, Hong Kong, Hong Kong
Co-Investments: 2
Learn Capital
North America, California, United States, San Mateo
Co-Investments: 3
Crosslink Capital
North America, California, United States, Menlo Park
Co-Investments: 2
Linear Venture
Asia, Shanghai, China, Shanghai
Co-Investments: 2
Voyager Capital
North America, Washington, United States, Seattle
Co-Investments: 2
Bessemer Venture Partners
North America, California, United States, San Francisco
Co-Investments: 3
SJF Ventures
North America, North Carolina, United States, Durham
Co-Investments: 2

Which angels does IFC Venture Capital Group often collaborate with?

JR
North America, California, United States, San Francisco
Shared Deals: 1
DT
North America, Colorado, United States, Denver
Shared Deals: 1

What are some of recent deals done by IFC Venture Capital Group?

Ingenix

Warsaw, Mazowieckie, Poland

Ingenix is building an AI Co-pilot for generating real-time hypotheses on clinical endpoints values and adverse events.

SeedApr 8, 2025
Amount Raised: $9,866,257
Johnvents Industries

Ibadan, Oyo, Nigeria

Johnvents Industries is an agribusiness that focuses on long-term growth throughout the agricultural value chain.

Agriculture
Debt FinancingJun 12, 2024
Amount Raised: $23,300,000
Scanntech

Montevideo, NA - Uruguay, Uruguay

Scanntech provides point-of-sale software to retail stores.

Consumer ElectronicsInformation TechnologySoftware
Series UnknownJan 19, 2023
Amount Raised: $40,579,702
Figopara

Istanbul, Istanbul, Turkey

Figopara is a solution that discounts companies' e-invoices before their due dates.

FinanceFinancial ServicesFinTechSoftware
Series AOct 13, 2022
Amount Raised: $11,000,000
Liquid Intelligent Technologies

Ebène, Plaines Wilhems, Mauritius

Liquid Intelligent Technologies is an independent data, voice, and IP provider that is committed to building Africa’s digital future.

Data CenterInternetISPProfessional ServicesService IndustryTelecommunications
Series UnknownNov 8, 2021
Amount Raised: $250,000,000
Twiga Foods

Nairobi, Nairobi Area, Kenya

Twiga Foods is a business-to-business marketplace platform that sources produce directly from farmers and delivers it to urban retailers.

AgricultureE-CommerceGroceryMarketplaceRetailShopping
Series CNov 1, 2021
Amount Raised: $50,000,000
Revelo

Miami, Florida, United States

Revelo is the largest platform for sourcing, hiring and managing remote tech talent from LatAm, with 300,000 pre-vetted remote developers

B2BDeveloper PlatformHuman ResourcesRecruitingSoftwareStaffing Agency
Series BOct 1, 2021
Amount Raised: $28,200,000
Moove

Lagos, Lagos, Nigeria

Moove is a technologically integrated vehicle financing platform for mobility entrepreneurs.

AutomotiveFinancial ServicesFinTech
Debt FinancingMay 3, 2021
Amount Raised: $20,000,000
Crehana

Lima, Lima, Peru

Crehana is a learning technology platform for companies and individuals focusing on the reskilling and upskilling gap.

Collaborative ConsumptionE-LearningEdTechEducationInternet
Series ADec 17, 2020
Amount Raised: $17,500,000
Gebeya

Addis Ababa, Adis Abeba, Ethiopia

Gebeya is an online freelance talent marketplace for the Best of African Talent.

EdTechInformation TechnologyMarketplaceSoftware EngineeringTraining
SeedNov 19, 2020
Amount Raised: $1,000,000