# U.S. International Development Finance Corp

> U.S. International Development Finance Corp is a VC fund backing Financial Services. See 130 investments, check sizes, portfolio and contact details. Updated…

- Type: VC Fund
- Location: Washington, United States
- Total investments: 130
- Last investment: Jul 2026
- Lead investor: 77%
- Fund size: $300M
- Last fund: Jan 2024
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/dfcgov
- X (Twitter): https://twitter.com/DFCgov
- Website: https://www.dfc.gov/
- Facebook: https://www.facebook.com/DFCgov/

U.S. International Development Finance Corp is a VC fund in Washington focused on Financial Services and Finance. U.S. International Development Finance Corp is America’s development bank.

## Contacts

5 contacts available for U.S. International Development Finance Corp. Shizune tracks 8 team members at U.S. International Development Finance Corp. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/u-s-international-development-finance-corp?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Post-IPO Debt | $5M–$468M |
| Debt Financing | $6.7M–$390M |
| Venture - Series Unknown | $1M–$1B |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Financial Services | 42 | 32% |
| Finance | 24 | 18% |
| FinTech | 16 | 12% |
| Banking | 13 | 10% |
| Renewable Energy | 12 | 9% |

135 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Debt Financing | 65 | 50% |
| Post-IPO Debt | 20 | 15% |
| Venture - Series Unknown | 9 | 7% |
| Grant | 7 | 5% |
| Funding Round | 5 | 4% |

11 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| India | 35 | 27% |
| Kenya | 12 | 9% |
| United States | 11 | 8% |
| Brazil | 4 | 3% |
| United Kingdom | 4 | 3% |

30 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Ben Black | CEO | 1 | https://shizune.co/investors/profile/ben-black-2 |
| Denise Kutsch | Associate Director | 0 | https://shizune.co/investors/profile/denise-kutsch |
| Geoffrey Tan | Managing Director, Asia Pacific | 0 | https://shizune.co/investors/profile/geoffrey-tan |
| U.S. International Development Finance Corp | Regional Managing Director in South Asia Region | 2 | https://shizune.co/investors/profile/ajay-rao-3616 |
| James Polan | Vice-President | 9 | https://shizune.co/investors/profile/james-polan-7562 |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Harena Rare Earths | Harena Rare Earths is a mineral exploration company. It focuses on the Ampasindava Ionic Clay Rare Earths Project in Madagascar, which contains 606,000 tonnes of Total Rare Earth Oxides (TREO). The company explores and develops critical magnet metals like neodymium, praseodymium, dysprosium, and terbium for use in clean energy, electronics, anddefense sectors. | $4.8M | Post-IPO Debt | Jul 22, 2026 |  |
| Pela Global | Pela Global Limited is an Australian company focused on critical and precious metals mining, primarily advancing projects in North Macedonia's Tethyan Belt. It specializes in antimony and gold resources, emphasizing sustainable development and global supply chain contributions. | $5M | Debt Financing | Apr 07, 2026 |  |
| Sine Engineering | Sine Engineering specializes in creating communication and positioning platforms tailored for unmanned aerial vehicles (UAVs) functioning in GPS-denied and electronically contested settings. Their solutions incorporate jamming detection and avoidance, smart frequency hopping spread spectrum (FHSS), and non-GPS positioning methods that seamlesslyintegrate with existing autopilot systems. Designed to be swarm-ready, these systems support intelligent teaming and network resilience, addressing the challenges faced by UAVs in modern electronic warfare scenarios. Sine Engineering's offerings are adaptable and modular, allowing for rapid upgrades and over-the-air updates to meet evolving operational requirements. |  | Grant | Mar 26, 2026 |  |
| Syrah Resources | Syrah Resources is a resource company with a diversified exploration portfolio located in southeast Africa. |  | Post-IPO Equity | Mar 01, 2026 |  |
| Serra Verde | Serra Verde operates integrated rare earth mining and processing operations. | $565M | Debt Financing | Feb 05, 2026 |  |
| TechMet | TechMet is a private industrial company that is building projects to secure the supply of the key metals critical to the future growth of EVs, Energy Storage and Renewable Energy. TechMet currently holds interests in both production and development assets in Africa, North America, and South America. |  | Grant | Jan 09, 2026 |  |
| African Metallic Resources | African Metallic Resources is a Liberia-incorporated, Africa-focused investment firm specializing in the exploration, extraction, processing, marketing, and transport of natural resources. | $500M |  | Dec 18, 2025 |  |
| Lobito Atlantic Railway | Lobito Atlantic Railway supports mining companies, freight operators and regional traders. | $753M | Debt Financing | Dec 17, 2025 |  |
| Millennial Potash | Millennial Potash is a mineral exploration company that mainly focuses on exploration and developing potash projects. | $3M | Grant | Nov 17, 2025 |  |
| Cassava Technologies | Cassava Technologies is an information technology company. |  | Venture - Series Unknown | Oct 23, 2025 |  |

10 of 130 investments shown.

## Co-investors
- [International Finance Corporation](https://shizune.co/investors/profile/international-finance-corporation) — VC Fund, 5 deals together
- [Finnfund](https://shizune.co/investors/profile/finnfund) — VC Fund, 4 deals together
- [Lansdowne Partners](https://shizune.co/investors/profile/lansdowne-partners) — VC Fund, 4 deals together
- [Mercuria](https://shizune.co/investors/profile/mercuria-energy-group) — VC Fund, 4 deals together
- [British International Investment](https://shizune.co/investors/profile/cdc-group) — VC Fund, 3 deals together
- [KFW DEG](https://shizune.co/investors/profile/kfw-deg) — VC Fund, 3 deals together

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## FAQ

### What does U.S. International Development Finance Corp invest in?

U.S. International Development Finance Corp invests primarily in Financial Services, Finance and FinTech startups, most often at Debt Financing and Post-IPO Debt stage. Most of the 130 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is U.S. International Development Finance Corp's check size?

U.S. International Development Finance Corp typically joins rounds of $5M–$468M at Post-IPO Debt, $6.7M–$390M at Debt Financing and $1M–$1B at Venture - Series Unknown. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds U.S. International Development Finance Corp participates in.

### How do I contact U.S. International Development Finance Corp?

Public channels for U.S. International Development Finance Corp include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at U.S. International Development Finance Corp?

The team at U.S. International Development Finance Corp includes Ben Black (CEO), Denise Kutsch (Associate Director) and Geoffrey Tan (Managing Director, Asia Pacific), among 8 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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