Orbit Startups has raised $60 million in funding to support entrepreneurs in emerging and growth markets.

It seeks to invest in companies that focus on digitizing traditional industries and promoting sustainable solutions.

The funding round received contributions from venture capitalists, mentors, and other investors, although specific names were not disclosed.

Orbit Startups, which was rebranded from SOSV, has previously collaborated with early-stage companies across various sectors, including agriculture, supply chain, and income-generating technologies.

Recent Orbit developments