AIIB’s three-year captive VC investment programme aims to drive and support early-stage companies across AIIB members to innovate and adopt new technologies. It also aims to create new business models that play a catalytic role in the promotion of green and tech-enabled infrastructure across AIIB members.
The Asian Infrastructure Investment Bank (AIIB) has launched the AIIB Venture Capital Investment Program for Green and Technology-Enabled Infrastructure, mobilising US$130 million ($171.94 million) with an additional US$30 million as a co-investment sleeve for its first inaugural VC programme for sustainable infrastructure.
AIIB approved the funding on Dec 22, 2022. This programme will provide scarce capital to early-stage companies through small-scale venture capital (VC) funds, says AIIB in a Feb 9 statement.
