Cloud Carib Limited is further expanding on its collaboration with institutional partners, including participation from Silicon Valley-based Partners for Growth (PFG) and the International Finance Corporation (IFC), a member of the World Bank Group.
IFC, the largest global development institution focused on the private sector in emerging markets, provided the capital through its strategic investment collaboration with PFG.
Founded and headquartered in The Bahamas, Cloud Carib provides secure, sovereign cloud and managed cybersecurity services across CARICOM and select Latin American markets, helping governments and regulated industries ensure data sovereignty, compliance, and resilience.
“IFC’s involvement is a vote of confidence in the Caribbean’s digital potential and readiness to accelerate its digital transformation,” said Scott MacKenzie, CEO of Cloud Carib. “It validates our long-held belief that regional innovation, when built on strong governance and technical excellence, can attract the world’s most credible capital partners.”
The investment is structured as venture debt for growth, allowing Cloud Carib to scale operations. The capital will support regional expansion, scaling of sovereign cloud and cybersecurity product lines, and strengthening the company’s market leadership.
This transaction also serves as a catalyst for the Bahamian and broader Caribbean innovation economy, fueling high-skill job creation in critical technology roles, strengthening digital infrastructure through enhanced data center capacity and global-standard certifications, and facilitating export-led growth by delivering secure digital solutions. For nearly 15 years, Cloud Carib has proven the value of data sovereignty, jurisdiction, and residency for the public sector and regulated enterprises where data security is paramount. With this new partnership, Cloud Carib is poised to strengthen further its leadership in sovereign cloud, cybersecurity, and digital transformation across Small Island Developing States.
“This type of engagement from global development institutions helps accelerate digital transformation in underserved markets,” noted Cloud Carib’s COO, Victor Kovacs. “It’s not just about capital, it’s about credibility, capacity, and long-term impact.”
Cloud Carib remains committed to building a secure and sovereign digital future for the Caribbean and beyond, one investment, one jurisdiction, one community at a time.