Developer docs
API playgroundTry for free, no card

Search company profiles

Cisco Foundation

Full company profile

uuid0005wdj

Namestring
Cisco Foundation
Legal namestring
Cisco Systems, Inc.
Websiteurl
cisco.com
Company typeenum
Public
Founded yearint
1984
Descriptiontext

Cisco Foundation, established in 1996, is a corporate philanthropic foundation operating as a sub-brand under Cisco Systems, Inc. (NASDAQ: CSCO). Its stated mission is to help create technology-based solutions through investments and partnerships with non-governmental and non-profit organizations. The foundation's operational focus is on grantmaking for financial inclusion, digital financial services, and financial education, with a geographic concentration in Sub-Saharan Africa. End beneficiaries are underserved communities — particularly previously unbanked populations and women — reached indirectly through partner organizations rather than direct service delivery.

The foundation's core business model is partnership-based grantmaking, not commercial revenue generation. It works with a curated set of impact-oriented partners, including Affinity Africa (Ghana's digital banking platform, serving 125,000+ customers, 65% previously unbanked and 60% women) and FINCA Ventures (an impact investor). A renewed (second-time) partnership with Affinity Africa and co-financing arrangement with FINCA Ventures were announced on 2026-02-19, signaling deepening engagement in the financial inclusion vertical. Cisco Foundation does not develop or own proprietary technology products; its technology involvement is indirect, channeled through grants to organizations that deploy digital financial services and education tools. The foundation operates outside commercial pricing models and is funded by its parent.

As a sub-brand of Cisco Systems, Inc., Cisco Foundation is contextually linked to a much larger parent operation: Cisco reported $14.1B in Q3 FY2025 revenue, operates across networking, security, observability, and collaboration, and runs the Cisco Networking Academy skills program and Country Digital Acceleration initiative across 50+ countries. However, Cisco Foundation is structurally separate from these commercial operations, with no revenue, headcount, or product metrics of its own disclosed in the input data.

Short descriptiontext

Cisco Foundation is a corporate philanthropic foundation (founded 1996) operating under Cisco Systems, Inc. It makes grants to NGOs and non-profits to advance financial inclusion, digital financial services, and financial education for underserved communities, primarily in Sub-Saharan Africa.

Operating statusenum
Operating
Ownership categoryenum
akta.pro rankint
Markets served

Serves global market

Keyword5 values
philanthropic grantmaking, financial inclusion grants, nonprofit foundation, digital financial services, underserved communities
Industry3 codes
1Corporate Foundations & CSR Grantmaking
CodeBPAGAKACPrimaryYes
2Financial Inclusion & Consumer Empowerment (Banking Access, Credit Building)
CodeBPAGALAJPrimaryNo
3Education Grantmaking Foundations
CodeBPAGAKAKPrimaryNo
NAICS code3 codes
  • Grantmaking Foundations813211
  • Grantmaking and Giving Services81321
  • Other Grantmaking and Giving Services813219
Product category
Corporate Philanthropy / Financial Inclusion Grantmaking
Social media profiles3 records
Revenue model1 record
1Grant Funding
TypeLicensing Royalties
Description

Cisco Foundation provides grant funding to support financial inclusion, digital financial services, and financial education initiatives for underserved communities across Africa. The foundation partners with organizations like Affinity Africa and FINCA Ventures to expand its impact.

techafricanews.com
Marketing channels1 record

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components3 values
Others, Personnel, Operations
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 of 9 records shown
1Cisco Networking Academy
Description

Company-led digital skills program providing technology education globally

cisco.com
+8 more records
Core offering1 text field

Cisco Foundation operates as a corporate philanthropic foundation that provides grant funding to advance financial inclusion across Sub-Saharan Africa. It supports capacity building for financial inclusion organizations, enables scaling of digital banking platforms to reach previously unbanked populations, and advances financial education through partnerships with organizations such as Affinity Africa and FINCA Ventures.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • 125,000+ customers reached with financial services through Affinity Africa partnership
+2 more records
Product overview1 text field

Cisco offers a comprehensive, deeply integrated portfolio combining the power of the network with security, observability, and collaboration. The product portfolio centers on AI Infrastructure and Secure Networking as the foundation, supplemented by software solutions. Core products include Cisco Cloud Control (unified management platform), Cisco AI Canvas (agentic operations), Cisco Silicon One (programmable silicon), Hybrid Mesh Firewall (distributed security), Smart Switches (C9300 Series), and Cisco Unified Edge (edge platform). AI offerings include Cisco IQ (AI-powered support experience), Cisco Data Fabric (machine data platform), and AI Troubleshooting for Industrial Networks. Through acquisition, Cisco has added Splunk's portfolio including Splunk Enterprise Security (SIEM), Splunk SOAR (orchestration), and Splunk Observability. Collaboration products include Webex Suite, Webex Contact Center, and room devices (Room Kit Pro G2, Desk Pro G2). Security solutions include Cisco AI Defense, Secure Access, and Cisco XDR. The portfolio spans Networking, Security, Observability, and Collaboration categories.

Product and service2 records
1Financial Inclusion Grant Funding
CategoryGrantmaking / Philanthropic Program
Description

Grant funding program supporting financial education, digital financial services, and the expansion of formal banking to the informal sector for underserved communities in Sub-Saharan Africa. Awarded to nonprofit and impact-investment partners advancing financial inclusion.

2Partnership-Based Philanthropic Programs
CategoryPartnership Grantmaking Program
Description

Multi-year partnership grants awarded to mission-aligned organizations such as Affinity Africa (Ghana's digital banking platform) and FINCA Ventures (impact investor) to scale digital banking and financial inclusion across Africa for underserved communities, including women and informal workers.

Scale indicator2 records

Each record includes

Type, Value, Description, Source

Partnership2 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-02-19
Description

Affinity Africa is Ghana's digital banking platform. Cisco Foundation partnered with them for the second time to advance financial resilience across Africa by expanding financial education and digital financial services for underserved communities. The platform serves over 125,000 customers, 65% of whom were previously unbanked and 60% women.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-02-19
Description

FINCA Ventures is an impact investor that co-partners with Cisco Foundation on initiatives to expand financial inclusion in Africa. The partnership supports Affinity Africa's capacity to scale its impact in serving underserved communities.

Recent move3 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight3 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Independent foundation with a primary mandate of advancing financial inclusion and education across Africa, having committed $39B+ over decades. Directly comparable in mission (Africa-focused financial inclusion via grants and program-related investments) and operates at a much larger scale than Cisco Foundation.

TypeDirect peer
Description

Philanthropic investment firm created by eBay founder Pierre Omidyar with explicit focus on financial inclusion, digital ID, and consumer empowerment in emerging markets. Both entities deploy grant + catalytic capital into digital banking platforms serving underserved users, making them highly comparable in thesis and instrument mix.

TypeDirect peer
Description

Impact-investing arm of FINCA Microfinance focused on early-stage fintech serving the underbanked. Cisco Foundation already co-invests with FINCA Ventures in Affinity Africa, making it a direct peer in funding instruments and target geography.

TypeBroad incumbent
Description

The largest U.S. philanthropic foundation ($70B+ endowment) with a Global Development and Global Growth & Opportunity division that funds digital financial inclusion among many other priorities. Operates in overlapping geographies and themes but at materially larger scale and broader scope.

TypeBroad incumbent
Description

Corporate foundation of Alphabet focused on applying technology to social impact, including significant financial inclusion and AI-for-good grantmaking in emerging markets. Mirror structure to Cisco Foundation as a tech-corporate foundation with explicit tech-leverage strategy.

TypeDirect peer
Description

Early-stage impact-investment vehicle of Accion focused on financial inclusion fintech in emerging markets. Comparable because both Accion and Cisco Foundation target underbanked populations via technology-enabled financial services platforms.

TypeDirect peer
Description

Nonprofit impact-investment fund supporting companies serving low-income customers across Africa, South Asia, and Latin America. Peer in patient-capital approach to financial inclusion, though Acumen deploys equity rather than grants.

TypeBroad incumbent
Description

Corporate foundation of Visa focused on inclusive economic participation, with significant grantmaking around small-business and financial inclusion in underbanked communities. Directly analogous as another payments-network corporate foundation with overlapping mission.

TypeBroad incumbent
Description

Major U.S. private foundation ($16B+ endowment) with a Building Inclusive Economies initiative that funds financial inclusion and digital identity work. Comparable as a large, established grantmaking institution; lacks Cisco Foundation's tech-corporate backing angle.

TypeOthers
Description

U.S. federal development finance institution with major financial-inclusion and digital-economy programs in Africa. Not a grantmaker in the same form as Cisco Foundation but a frequent co-funder in the same transactions, making it a meaningful adjacent/complementary peer for partnership decisions.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks4 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
Yes

Docs URL, Description

Integration6 records

Each record includes

Title, Type, Description, Source

AI capability13 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment7 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Cisco Foundation

Corporate Philanthropy / Financial Inclusion Grantmakingcisco.com

Cisco Foundation is a corporate philanthropic foundation (founded 1996) operating under Cisco Systems, Inc. It makes grants to NGOs and non-profits to advance financial inclusion, digital financial services, and financial education for underserved communities, primarily in Sub-Saharan Africa.

What Cisco Foundation does

Cisco Foundation, established in 1996, is a corporate philanthropic foundation operating as a sub-brand under Cisco Systems, Inc. (NASDAQ: CSCO). Its stated mission is to help create technology-based solutions through investments and partnerships with non-governmental and non-profit organizations. The foundation's operational focus is on grantmaking for financial inclusion, digital financial services, and financial education, with a geographic concentration in Sub-Saharan Africa. End beneficiaries are underserved communities — particularly previously unbanked populations and women — reached indirectly through partner organizations rather than direct service delivery.

The foundation's core business model is partnership-based grantmaking, not commercial revenue generation. It works with a curated set of impact-oriented partners, including Affinity Africa (Ghana's digital banking platform, serving 125,000+ customers, 65% previously unbanked and 60% women) and FINCA Ventures (an impact investor). A renewed (second-time) partnership with Affinity Africa and co-financing arrangement with FINCA Ventures were announced on 2026-02-19, signaling deepening engagement in the financial inclusion vertical. Cisco Foundation does not develop or own proprietary technology products; its technology involvement is indirect, channeled through grants to organizations that deploy digital financial services and education tools. The foundation operates outside commercial pricing models and is funded by its parent.

As a sub-brand of Cisco Systems, Inc., Cisco Foundation is contextually linked to a much larger parent operation: Cisco reported $14.1B in Q3 FY2025 revenue, operates across networking, security, observability, and collaboration, and runs the Cisco Networking Academy skills program and Country Digital Acceleration initiative across 50+ countries. However, Cisco Foundation is structurally separate from these commercial operations, with no revenue, headcount, or product metrics of its own disclosed in the input data.

Cisco Foundation firmographics

Firmographics
Name
Cisco Foundation
Legal name
Cisco Systems, Inc.
Website
https://cisco.com
Company type
Public
Founded year
1984
Operating status
Operating
Short description
Cisco Foundation is a corporate philanthropic foundation (founded 1996) operating under Cisco Systems, Inc. It makes grants to NGOs and non-profits to advance financial inclusion, digital financial services, and financial education for underserved communities, primarily in Sub-Saharan Africa.
Ownership category
akta.pro rank

Cisco Foundation industry classification

Industry
Product category
Corporate Philanthropy / Financial Inclusion Grantmaking
NAICS
Grantmaking Foundations (813211), Grantmaking and Giving Services (81321), Other Grantmaking and Giving Services (813219)
akta.pro primary industry
Corporate Foundations & CSR Grantmaking (BPAGAKAC)
akta.pro secondary industries
Financial Inclusion & Consumer Empowerment (Banking Access, Credit Building) (BPAGALAJ), Education Grantmaking Foundations (BPAGAKAK)

Keywords

  • Philanthropic grantmaking
  • Financial inclusion grants
  • Nonprofit foundation
  • Digital financial services
  • Underserved communities

Cisco Foundation business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Others, Personnel, Operations

Revenue model

  1. Grant Funding: Cisco Foundation provides grant funding to support financial inclusion, digital financial services, and financial education initiatives for underserved communities across Africa. The foundation partners with organizations like Affinity Africa and FINCA Ventures to expand its impact.

Distribution channels1 record

Marketing channels1 record

Cisco Foundation product offering

Product offering

Core offering

Cisco Foundation operates as a corporate philanthropic foundation that provides grant funding to advance financial inclusion across Sub-Saharan Africa. It supports capacity building for financial inclusion organizations, enables scaling of digital banking platforms to reach previously unbanked populations, and advances financial education through partnerships with organizations such as Affinity Africa and FINCA Ventures.

Product overview

Cisco offers a comprehensive, deeply integrated portfolio combining the power of the network with security, observability, and collaboration. The product portfolio centers on AI Infrastructure and Secure Networking as the foundation, supplemented by software solutions. Core products include Cisco Cloud Control (unified management platform), Cisco AI Canvas (agentic operations), Cisco Silicon One (programmable silicon), Hybrid Mesh Firewall (distributed security), Smart Switches (C9300 Series), and Cisco Unified Edge (edge platform). AI offerings include Cisco IQ (AI-powered support experience), Cisco Data Fabric (machine data platform), and AI Troubleshooting for Industrial Networks. Through acquisition, Cisco has added Splunk's portfolio including Splunk Enterprise Security (SIEM), Splunk SOAR (orchestration), and Splunk Observability. Collaboration products include Webex Suite, Webex Contact Center, and room devices (Room Kit Pro G2, Desk Pro G2). Security solutions include Cisco AI Defense, Secure Access, and Cisco XDR. The portfolio spans Networking, Security, Observability, and Collaboration categories.

Differentiator

Problem solved

Functional benefit

Brands

  • Cisco Networking Academy: Company-led digital skills program providing technology education globally
  • Splunk
  • Cisco Foundation
  • Cisco IQ
  • Cisco Data Fabric
  • Webex
  • Meraki
  • Silicon One
  • Cisco Catalyst Center

Products and services

  • Financial Inclusion Grant Funding Grant funding program supporting financial education, digital financial services, and the expansion of formal banking to the informal sector for underserved communities in Sub-Saharan Africa. Awarded to nonprofit and impact-investment partners advancing financial inclusion.
  • Partnership-Based Philanthropic Programs Multi-year partnership grants awarded to mission-aligned organizations such as Affinity Africa (Ghana's digital banking platform) and FINCA Ventures (impact investor) to scale digital banking and financial inclusion across Africa for underserved communities, including women and informal workers.

Quantifiable outcome

  • 125,000+ customers reached with financial services through Affinity Africa partnership
  • +2 more outcomes

Companies that use Cisco Foundation

Customer profile

Segments1 record

Ideal customer profiles1 record

Cisco Foundation technology and API

Technology

Technology focussed No

API detail

Has API
Yes
API docs
API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability13 records

Cisco Foundation partnerships and signals

Strategic signal

Partnerships

Two partnerships are on record, tiered core.

  • Affinity AfricacoreStrategic or Co-development Partner · 19 February 2026Affinity Africa is Ghana's digital banking platform. Cisco Foundation partnered with them for the second time to advance financial resilience across Africa by expanding financial education and digital financial services for underserved communities. The platform serves over 125,000 customers, 65% of whom were previously unbanked and 60% women.
  • FINCA VenturescoreStrategic or Co-development Partner · 19 February 2026FINCA Ventures is an impact investor that co-partners with Cisco Foundation on initiatives to expand financial inclusion in Africa. The partnership supports Affinity Africa's capacity to scale its impact in serving underserved communities.

Scale indicators2 records

Recent moves3 records

Expansion highlights3 records

Cisco Foundation competitors and assessment

Company assessment

Direct peers

  • Mastercard Foundation: Independent foundation with a primary mandate of advancing financial inclusion and education across Africa, having committed $39B+ over decades. Directly comparable in mission (Africa-focused financial inclusion via grants and program-related investments) and operates at a much larger scale than Cisco Foundation.
  • Omidyar Network: Philanthropic investment firm created by eBay founder Pierre Omidyar with explicit focus on financial inclusion, digital ID, and consumer empowerment in emerging markets. Both entities deploy grant + catalytic capital into digital banking platforms serving underserved users, making them highly comparable in thesis and instrument mix.
  • FINCA Ventures: Impact-investing arm of FINCA Microfinance focused on early-stage fintech serving the underbanked. Cisco Foundation already co-invests with FINCA Ventures in Affinity Africa, making it a direct peer in funding instruments and target geography.
  • Accion Venture Lab: Early-stage impact-investment vehicle of Accion focused on financial inclusion fintech in emerging markets. Comparable because both Accion and Cisco Foundation target underbanked populations via technology-enabled financial services platforms.
  • Acumen: Nonprofit impact-investment fund supporting companies serving low-income customers across Africa, South Asia, and Latin America. Peer in patient-capital approach to financial inclusion, though Acumen deploys equity rather than grants.

Broad incumbents

  • Bill & Melinda Gates Foundation: The largest U.S. philanthropic foundation ($70B+ endowment) with a Global Development and Global Growth & Opportunity division that funds digital financial inclusion among many other priorities. Operates in overlapping geographies and themes but at materially larger scale and broader scope.
  • Google.org: Corporate foundation of Alphabet focused on applying technology to social impact, including significant financial inclusion and AI-for-good grantmaking in emerging markets. Mirror structure to Cisco Foundation as a tech-corporate foundation with explicit tech-leverage strategy.
  • Visa Foundation: Corporate foundation of Visa focused on inclusive economic participation, with significant grantmaking around small-business and financial inclusion in underbanked communities. Directly analogous as another payments-network corporate foundation with overlapping mission.
  • Ford Foundation: Major U.S. private foundation ($16B+ endowment) with a Building Inclusive Economies initiative that funds financial inclusion and digital identity work. Comparable as a large, established grantmaking institution; lacks Cisco Foundation's tech-corporate backing angle.

Others

  • USAID / DFC (U.S. International Development Finance Corp): U.S. federal development finance institution with major financial-inclusion and digital-economy programs in Africa. Not a grantmaker in the same form as Cisco Foundation but a frequent co-funder in the same transactions, making it a meaningful adjacent/complementary peer for partnership decisions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks4 records

Key highlights6 records

Customer concentration

Cisco Foundation social profiles

Digital presence

Cisco Foundation financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Cisco Foundation leadership team

Management profile

Number of profiles

Cisco Foundation subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Cisco Foundation funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Cisco Foundation M&A and investment

M&A and investment

M&A

Investments7 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cisco Foundation

What does Cisco Foundation do?

Cisco Foundation operates as a corporate philanthropic foundation that provides grant funding to advance financial inclusion across Sub-Saharan Africa. It supports capacity building for financial inclusion organizations, enables scaling of digital banking platforms to reach previously unbanked populations, and advances financial education through partnerships with organizations such as Affinity Africa and FINCA Ventures.

Is Cisco Foundation a public or private company?

Cisco Foundation is a public company. It is classified as nonprofit foundation owned and is currently operating.

When was Cisco Foundation founded?

Cisco Foundation was founded in 1984.

How does Cisco Foundation make money?

One revenue line is on record: grant Funding.

Who are Cisco Foundation's main competitors?

Direct peers on record are Mastercard Foundation, Omidyar Network, FINCA Ventures, Accion Venture Lab and Acumen. Broad incumbents are Bill & Melinda Gates Foundation, Google.org, Visa Foundation and Ford Foundation. USAID / DFC (U.S. International Development Finance Corp) is listed as an others.

Does Cisco Foundation have an API?

Yes. Splunk provides an open API architecture that enables adaptability for multi-cloud and hybrid environments and data federation. This API architecture allows organizations to work with distributed data stores including Snowflake and S3 without moving their data, enabling AI-powered analytics across disparate data sources.

What industry is Cisco Foundation in?

Cisco Foundation's product category is Corporate Philanthropy / Financial Inclusion Grantmaking. Its primary akta.pro industry code is BPAGAKAC, Corporate Foundations & CSR Grantmaking, with a secondary code of BPAGALAJ, Financial Inclusion & Consumer Empowerment (Banking Access, Credit Building). Its NAICS code is 813211.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals
NewswireGOOGLE & MITTI LABS PARTNER TO ELIMINATE METHANE AND SCALE CLIMATE-SMART AG PRACTICES ACROSS INDIA'S RICE FIELDSMitti Labs announced a five-year carbon credit agreement with Google to scale climate-smart agriculture across 100,000 hectares of smallholder rice farms in India. The partnership aims to eliminate 3 million tons of near-term warming impact and conserve billions of gallons of water. Mitti Labs will deliver one million high-integrity credits to Google by 2030.CSRwireCisco | Voices From the Field: How Data Strengthens Livelihoods in Coastal CommunitiesCisco Foundation is supporting the nonprofit Blue Ventures with a $100M climate commitment to implement data-based marine conservation solutions in Belize. The initiative empowers local fishing communities to collect and use their own fisheries data to improve ocean health, ensure food security, and inform policy decisions.Inc42Mitti Labs Bags $9.5 Mn To Make Rice Cultivation Water-EfficientClimate tech startup Mitti Labs has raised $9.5 million (around ₹90 crore) in Series A funding led by Aramco Ventures, with participation from Godrej Industries Group, Cisco Foundation, Volta Circle, and existing backer Lightspeed India. The US-based company, which also has a team in Bengaluru, plans to deploy the funds to expand its operations across India and set up new greenfield projects in the Philippines and Indonesia. Founded in 2023, Mitti Labs helps farmers adopt alternate wetting and drying irrigation practices that reduce water and methane consumption, then monetizes these savings by selling carbon credits to enterprises.LAFFAZMitti Labs raises $9.5 Mn Series A led by Aramco VenturesMitti Labs raised $9.5 million in a Series A round led by Aramco Ventures, its first India investment, bringing total funding to $12.5 million. The climate-tech firm's GeoAI platform tracks rice plots, and plans to expand in the Philippines and Southeast Asia.NewswireMITTI LABS RAISES $9.5 MILLION TO BUILD WATER RESILIENCE IN ASIA'S RICE FIELDSMitti Labs raised $9.5 million in a Series A round led by Aramco Ventures. The funding will expand its rice GeoAI platform and launch greenfield projects in the Philippines and Indonesia. The company aims to cut water use by nearly 40% and methane emissions by over 50%.FinSMEsMitti Labs Raises $9.5M in Series A FundingMitti Labs raised $9.5M in Series A funding led by Aramco Ventures, bringing total funding to $12.5M. The company will use the funds to expand in India, launch greenfield projects in the Philippines and Indonesia, and scale its GeoAI platform for rice farming.Venture Capital Access OnlinePiq Energy Raises Oversubscribed $5 Million Seed Round to Help Unlock North America's Grid BottleneckPiq Energy raised an oversubscribed $5 million seed round led by Active Impact Investments. The capital will accelerate its agentic grid planning platform to help utilities and developers connect projects to the grid faster. The company reports managing over 1,000 transmission models and 10,000 engineering workflows.UrbanGeekzCatalyst Fund Reaches $30M Second Close to Back Africa’s Climate StartupsCatalyst Fund closed its second round of $30 million for its climate resilience fund, backing 40 early-stage African startups. The fund now has $30 million in commitments, approaching its $40 million target, with new investors including IFC and Shell Foundation. It expects to complete its final raise before year-end.DabafinanceClimate Investor Catalyst Fund Reaches $30M Second CloseCatalyst Fund, a Pan-African climate venture capital firm, raised $30 million in commitments for its debut fund. The fund will back 40 startups across Africa, with existing investments in 28 startups. A final close is expected later this year.FwdstartCatalyst Fund reaches $30M for debut pan-African climate fundCatalyst Fund completed its second close, raising $30 million toward a $40 million target for 40 climate resilience startups. New backers include IFC, Shell Foundation, and Trafigura Foundation, with a final close expected later this year. The fund aims to support 200,000 smallholder farmers and 350,000 hectares of land.