Finland to invest in high-growth companies solving development challenges in Asia

The Ministry for Foreign Affairs of Finland and Business Finland will co-host a side event to the Finnish start-up and technology event Slush to offer companies interested in the possibilities of development financing the chance to meet with venture capital investors and UN agencies. One of the development finance institutions present is the ADB Ventures fund of the Asian Development Bank. The Foreign Ministry will announce its investment of EUR 20 million in the fund.

ADB Ventures Invests in Selex To Expand Electric Two-wheeler Usage in Viet Nam

The Asian Development Bank’s (ADB) venture capital arm ADB Ventures has signed an agreement to invest in an electric two-wheeler vehicle (E2W) and battery pack manufacturer, Selex Smart Electric Vehicles JSC (Selex), to reduce carbon emissions in high-usage applications such as last-mile cargo and passenger transport in Viet Nam.

ADB Launches Video Series on Climate Technology and Entrepreneurship

The Asian Development Bank’s (ADB) venture capital arm ADB Ventures has signed an agreement to invest in an electric two-wheeler vehicle (E2W) and battery pack manufacturer, Selex Smart Electric Vehicles JSC (Selex), to reduce carbon emissions in high-usage applications such as last-mile cargo and passenger transport in Viet Nam.