Mercy Corps Ventures Annual Impact Report 2024

Woman in DRC watering crops with a watering can. — Adrienne, of Mwanza, Democratic Republic of the Congo, waters her vegetable garden. She lives with her husband and six children. She is a farmer, growing beans, cassava, maize, soy, and sorghum.

February 14, 2025

Mercy Corps Ventures 2024 Annual Impact Report (21.51 MB)

At Mercy Corps Ventures, 2024 brought both remarkable advancements and urgent challenges in our collective response to climate change. It was a year that highlighted how innovative resilience-building solutions are transforming our ability to respond and adapt to growing climate threats.

In 2024:

We made 8 new investments, each leveraging data analytics or AI to drive climate adaptation within our Resilient Future Thesis.
We launched 7 new pilots to test first-of-a-kind solutions and build the evidence base for how innovative technology can boost climate resilience.
We grew our global team with 6 new members across key markets, including East Africa, West Africa, and Latin America.
Our portfolio companies reached 37 million customers with impactful products and services.

More than ever, it’s clear that technological innovations are at an inflection point for climate applications.

Meet the newest companies driving change in our portfolio, explore case studies from our post-investment support, and reflect on our challenges and lessons learned in our 2024 Annual Impact Report.