GIF Growth secures $50M to back emerging‑market enterprises

The Global Innovation Fund (GIF) has successfully secured over $50 million in capital commitments for GIF Growth, its permanent, blended finance investment vehicle. The capital raise unites a global coalition of sovereign governments, development agencies, ethical banks, and philanthropic foundations. GIF Growth targets a major market failure in emerging economies: the severe lack of flexible, medium-ticket growth capital for scaling companies.