News

: The World Bank Invests in a WIN Portfolio Company

30 Dec 2024

The World Bank Invests in a WIN Portfolio Company


The World Bank has announced its pending approval process for a $5M investment in VUZ (360MEA), a company from the Webit Investment Network (WIN) portfolio. The funds will be allocated to VUZ’s upcoming Series C funding round, with a total value of $12M.

This investment marks a significant milestone in the development of VUZ, a leading platform for 360-degree video and immersive virtual experiences. Backing from an institutional investor of the World Bank’s caliber not only validates the company’s potential but also provides access to IFC’s global network. This may potentially accelerate VUZ’s expansion into key markets in Asia and Africa, where the World Bank has extensive experience and investments in the telecommunications sector—crucial to VUZ’s success.

For more details on the project, visit the World Bank’s website:
https://disclosures.ifc.org/project-detail/SII/50445/vuz

 

Another Milestone for WIN in 2024

This announcement is the latest in a series of successes for WIN’s portfolio companies. Only during the last month (Dec 2024), BeeHero and CH4 Global were recognized as “Innovations of the Year” by prestigious, global outlets such as TIME and Fast Company. Now, with IFC’s potential investment in VUZ, WIN reinforces its position as an investmet network and the first in the world publicly traded impact investing club, offering unique opportunities for retail investors to participate in globally significant ventures which previously were available only for Glibal, top tier VC funds. 

Upon final approval of the investment, WIN shareholders will gain another institutional co-investor, IFC (World Bank), joining the ranks of existing giants like Rabobank ($1.6 trillion in assets), DCVC, General Mills, and many other leading global investors.

This news underscores WIN’s strategic value, combining the transparency and liquidity of public markets with the returns of one of the highest-performing asset classes—venture capital investments.

 

Together Toward New Heights

We wish all our shareholders a joyous holiday season and look forward to reaching even greater heights in 2025, when WIN will announce its capital increase early in the year.

 

The WIN Team