Insitor marks first close of IIAF II with $42-M

Insitor Partners has marked the first close of its Insitor Impact Asia Fund II (IIAF II) at USD 42 million with the Dutch Good Growth Fund (DGGF) as well as two core investors from Insitor's previous fund - the UK government's British International Investment (formally CDC Group) and Insitor's founding family offices - participating in the round. Across its primary investment themes of better health, sustainable living, and economic growth, the fund expects to make 12–15 investments in high-growth and scalable ventures. The fund will invest from the pre-Series A to Series A stage and offer follow-on financing as well.