LGT Lightstone, the impact investing arm of global bank and alternative investment fund manager LGT, has led a USD26 million Series B investment in Copia Global, a Kenya-based e-commerce company serving low-income and rural customers. Other participants in the funding round include Perivoli Innovations, ELEA, Endeavor Catalyst, and Goodwell Investments, the latter of which invested USD2 million in Copia’s Series A funding round in January 2019. The company provides both mobile and in-person ordering options through a network of local agents, who also serve as delivery points. Copia plans to use the new funds to strengthen its operations in Kenya and expand elsewhere in East Africa.