Financial Inclusion

The BSocial Impact Fund II is a closed‑end venture capital vehicle managed by Ship2B Ventures, dedicated to investing in early‑stage companies that generate measurable social and environmental impact while pursuing market‑rate financial returns. The fund builds on the team’s track record in impact investing and seeks startup entrepreneurs whose business models are explicitly designed to address systemic challenges such as vulnerable populations, decarbonisation and ecosystem regeneration.The fund focuses on companies with high growth potential across Spain (and potentially beyond) that combine innovation and scalability with strong impact intention. Ship2B Ventures employs rigorous impact‑measurement frameworks (including defined KPIs and Theory of Change) ensuring that investments are not only financially viable but also aligned with measurable positive outcomes for people and planet.Investment opportunities are selected in sectors where technology, disruptive business models and purpose converge — for example healthtech, care for ageing or vulnerable groups, climate tech, circular economy and digital solutions for inclusion. The fund aims to partner with entrepreneurial teams that are committed, experienced and ready to scale. By using blended‑finance mechanisms (including support instruments, first‑loss protection tranches, and technical assistance) the model seeks to mobilise more private capital into impact‑oriented ventures.Through its strategy of “triple return” (financial, social and environmental), the fund aspires to demonstrate that purpose‑driven investment can achieve commercial success while contributing to systemic change. By doing so, it aims to play a key role in strengthening the Spanish impact ecosystem, bridging the gap between venture capital and the goals of social inclusion, climate mitigation and sustainable development.

Building on the success of its predecessors, TPG Rise Fund IV aims to invest in growth-stage, high-potential, mission-driven companies that align with the United Nations Sustainable Development Goals (UN SDGs). The fund focuses on sectors where positive impact and financial performance are intrinsically linked. Utilizing the proprietary Impact Multiple of Money (IMM) framework developed by Y Analytics, TPG Rise Fund IV seeks to quantify the social and environmental impact of its investments. This methodology ensures that each investment delivers measurable outcomes, such as increased access to education, healthcare, and financial services, or significant reductions in greenhouse gas emissions. The fund is expected to continue TPG's strategy of partnering with companies that offer scalable solutions to global challenges, leveraging the firm's deep sector knowledge, operational resources, and global experience to drive value creation and help companies reach their full potential.