New GX raises $240M debut fund for African clean energy, anchored by DBSA
Monday, September 14, 2026 · first reported by Dealroom
New GX closes $240M inaugural fund for African clean energy, anchored by Development Bank of Southern Africa.
- Firm
- New GX
- Also named
- DBSA
- Fund
- New GX Fund I
- Size
- $240M
- Stage
- Final close
- Asset class
- Venture
- Geography
- Africa
The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.
Coverage
1 sourceMore in Venture capital
From the same day- Ex-CPPIB CEO’s Intrepid Growth Partners closes $525m debut fund to back AI growth companiesAltAssets +2
- Volition Capital closes $950m Fund VI at hard cap, 41% larger than predecessorAltAssets +1
- Former EY exec's Rootd Ventures rolls out debut fund to back deeptech startupVCCircle
- European Investment Fund commits €30m to Nordic Foodtech VCAgri Investor