FMO
Institutional investorThe Hague · Growth · 3 people tracked
Investment thesis
FMO is a public-private development bank that finances and invests in businesses across more than 85 countries, focusing on developing economies and emerging markets. Its mission is to enable entrepreneurs to increase inclusive and sustainable prosperity by supporting job and income generation. FMO combines financing with support that helps companies operate responsibly in environmental and social terms. It seeks to demonstrate that strong financial returns and positive impact can coexist, thereby mobilizing additional funding from other investors. FMO works with partners including European Development Finance Institutions, civil society organizations, and investors, targeting sectors such as agribusiness, energy, and financial institutions.
Source: firm website, verified Aug 17, 2026.
Team · 3 people
from the firm's website & public directories
What they invest in
from 12 of 24 portfolio companiesFintech ×6Energy ×4Cleantech ×3Climate Tech ×3B2B Marketplaces ×2SaaS ×2Biotech ×1Circular Economy ×1
HQs:United States×3Egypt×1Spain×1India×1Singapore×1Chad×1
Investments · 24 tracked
founders shown can be your intro pathZIZ is a diversified electricity company based in Chad that develops, finances, builds, and operates hybrid power plants and urban metro-grids serving secondary cities of over 25,000 inhabitants.
CleantechClimate TechEnergy
Co-investorsProparcoE3 Capital
Egypt infrastructure, manufacturing and services; EUR 0.04M approved investment
Paraguay energy sector; USD 64.18M approved investment
Vietnam agribusiness, food & forestry; USD 20.00M approved investment
Argentina financial institution; USD 10.00M approved investment
Sri Lanka agribusiness, food & forestry; USD 7.00M approved investment
Finvest provides a digital platform for wealth management, offering access to fixed-income investments like Treasury Bills alongside tools for managing spending, saving, and investing.
FintechSan Francisco, US
Shivam Bharuka(Founder)in
Co-investorsY CombinatorSymbiotics
South Africa agribusiness, food & forestry; ZAR 333.33M approved investment
Global financial institution; USD 70.00M approved investment
Global financial institution; EUR 150.46M approved investment
Global financial institution; USD 5.00M approved investment
liwwa operates a peer-to-peer lending platform that connects retail investors with small and medium-sized enterprises seeking funding.
B2B MarketplacesFintechMarketplacesRego Park, US
Samer Atiani(Executive Officer, Director, Promoter)Ahmed Moor(Executive Officer, Director, Promoter)
Co-investorsDASH VenturesSilicon BadiaBank al EtihadJordan Kuwait BankProparcoTriple Jump
Lula provides maintenance coordination and vendor sourcing solutions for rental property managers dealing with labor shortages and supply chain constraints.
B2B MarketplacesPropTechSaaS
Co-investorsRET VenturesVictorumGreen Circle Foodtech VenturesNZVCOutlander VCQuona Capital+1 more
MAS Financial is an Indian non-banking lender operating since 1995, offering financing products such as personal loans, two-wheeler loans, used car loans, business loans, commercial vehicle loans, machinery loans, housing loans, and loans against property.
Fintech
Mosa Meat is a food technology company that produces cultivated beef by growing muscle cells from a small animal sample into real meat, aiming to make beef burgers without slaughtering animals.
BiotechClimate TechFoodTech
Co-investorsAgronomicsArcTern VenturesBlue Horizon CorporationCollateral GoodM VenturesMbuyu Capital Partners+5 more
Tanzania financial institution; EUR 0.08M approved investment
EnergyBoulder, US
Piyush Mathur(Executive Officer, Director)Emily McAteer(Executive Officer, Director)Catherine Zoi(Director)Morgan DeFoort(Director)
BoardNick Grossman(Director)Rick Zullo(Director)in
Co-investorsEqual Ventures
Solarcentury Africa develops, builds, owns, and operates utility-scale solar PV and battery storage projects in sub-Saharan Africa, handling financing, PPAs, and energy management under an integrated model.
CleantechClimate TechEnergy
Tagaddod collects and aggregates renewable feedstocks such as used cooking oil, acid oils, and waste oils and fats, supplying them to the global biofuels industry through digital collection platforms and traded supply chains.
Circular EconomyCleantechEnergyCairo, EG
Co-investorsA15LoftyInc CapitalVKAV (Verod-Kepple Africa Ventures)
Mauritius financial institution; USD 33.33M approved investment
Twinco Capital provides supply chain financing that funds suppliers from purchase order through invoice payment, helping corporates build competitive and socially responsible supply chains.
FintechSaaSMadrid, ES
Sandra Nolasco(Founder)inCarmen Marin(Leadership)Arancha Díaz-Llado(Leadership)Mariano(Leadership)Jorge(Leadership)Miguel(Leadership)
Co-investorsElevate Innovation PartnersFinch CapitalMundi VenturesQuona CapitalWorking Capital Fund
Uganda Bankers' Association is an industry body for Uganda's financial services sector, coordinating initiatives such as shared agent banking, non-performing loan resolution, and alternative dispute resolution.
Fintech
Validus provides financing solutions for small and medium-sized enterprises and dealers across Southeast Asia.
FintechSingapore, SG
Co-investorsOpenspace VenturesValidusVertex Ventures
Portfolio news
latest coverage across their companiesFinvest · yourstory.com · Jul 2, 2026
Lula · empowerafrica.com · Feb 9, 2026
Validus Capital · wealthmanagement.com · Aug 27, 2025
Frequently asked questions
- How many investments has FMO made?
- FMO has 14 tracked investments.
- What stage does FMO invest at?
- FMO invests at the Growth stage.
- What sectors does FMO focus on?
- FMO focuses on Advanced Manufacturing, AgTech, Cleantech, Climate Tech, Energy, Fintech, FoodTech, Impact & Social Good, Sector Agnostic.
- Where is FMO located?
- FMO is headquartered in The Hague, NL.
Media · Podcasts & interviews
from their channelAfrican Cheetahs Roundtable 2026
FMO - the Dutch entrepreneurial development bank
Future of Energy 2026 - wrap up video
FMO - the Dutch entrepreneurial development bank
Why Biodiversity Matters in Renewable Energy Development
FMO - the Dutch entrepreneurial development bank
Scaling Commercial Capital for Deforestation-Free Supply Chains
FMO - the Dutch entrepreneurial development bank
Climate Investor Playbook | How to approach climate investing
FMO - the Dutch entrepreneurial development bank
Climate Investor Playbook | Climate adaptation and resilience investing
FMO - the Dutch entrepreneurial development bank
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