Temasek Trust's Co-Axis partners with Arta to secure $39.6m impact project fundings

The partnership aims to expand the reach of Co-Axis projects.

Temasek Trust's Co-Axis, a digital impact marketplace connecting 100 impact projects from 40 countries, partnered with digital wealth platform Arta to secure $39.6m (US$30m) for impact projects spanning two years.

The partnership aims to expand the reach of Co-Axis projects by leveraging Arta’s client base, all aligned with the UN Sustainable Development Goals.

Arta clients can access impact opportunities on the Co-Axis platform and an additional eight curated for the Arta platform including charitable contributions and debt and equity instruments.

Moreover, the two will conduct webinars and other activities for the Arta community aimed at building knowledge in philanthropy and impact through Co-Axis’ extensive network of partners.

This network includes other Temasek Trust ecosystem entities such as the Centre for Impact Investing and Practices and the Asia Centre for Changemakers. Arta clients will also gain access to philanthropy services through TT Foundation Advisors.

($1=US$0.76)

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