Benvalor advises Pymwymic on investment in Fairphone

Pymwymic (the “Put Your Money Where Your Meaning Is Community”), Europe’s oldest impact investing group, recently successfully closed a €10 million first financing round for their new Pymwymic Impact Investing Cooperative. Through its first sub-fund, Healthy Ecosystems Impact Fund, Pymwymic has also just closed its first investment, a significant stake in the certified B-Corp, Fairphone.

Together with DOEN Participaties, Pymwymic led the funding round in which a total of € 6.5 million was raised.

Benvalor is proud to have advised Pymwymic on the establishment of the new fund, as well as on the investment in Fairphone.

For more information read Pymwymic‘s or Fairphone‘s press release.

 

      

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