Quona Capital raises $203m

The US venture capital firm closed its latest vehicle above target.

  • Fund name: Accion Quona Inclusion Fund
  • Amount raised: $203 million
  • Target size: $150 million
  • Stage of fundraising: Final close
  • Final close date: March 2020
  • Predecessor fund: Accion Frontier Inclusion Fund ($141 million)

Quona Capital has held a final close on Accion Quona Inclusion Fund at $203 million, surpassing its $150 million target. The fund will invest in fintech start-ups in Latin America, Africa and South-East Asia.