PROJECT

Projects

Summary of Investment Information

Project Number

46554

Company Name

SCV FUND MANAGEMENT B.V.

Date SPI Disclosed

Aug 26, 2022

Country

Southern Europe Subregion

Region

Europe

Projected Board Date

Oct 7, 2022

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Jan 27, 2023

Department

Equity Portfolio Management

Industry

Funds

Previous Events

Approved : Dec 16, 2022
Signed : Dec 20, 2022
Invested : Jan 24, 2023

Sector

Venture Capital Fund

Project Description

  IFC is considering an investment of up to €10 million in South Central Ventures Technology Fund III (the “Fund”), a €70 million venture capital fund investing in early-stage startups in Western Balkans.        

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation