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.
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