15 June 2025
Folio and Traive are launching a new BRL 50 million (USD 9.5 million) blended finance fund (FDIC) to invest in bioinputs companies in Brazil, with a goal to start disbursing by September 2025. The fund already has a letter of intent from the International Finance Corporation (IFC) and is structured to attract a mix of catalytic and commercial capital. The fund’s concept was developed within the Lab program in 2024 as the Growth Next Generation Agriculture instrument.