Ilara Health
Debt Financing in 2024
Ilara Health is a company based in Nairobi, Kenya, founded in 2018, that specializes in the development and distribution of AI-powered diagnostic devices aimed at primary care doctors in peri-urban and rural clinics. The company's innovative technology platform integrates miniature diagnostic devices with software that connects to an electronic medical record system, allowing healthcare providers to efficiently manage patient data. By focusing on accurate and affordable diagnostics, Ilara Health seeks to enhance healthcare accessibility and quality for rural populations in Africa, addressing the challenges posed by a fragmented healthcare infrastructure.
Altech
Debt Financing in 2023
Altech Group is a developer of renewable energy products focused on enhancing access to clean, renewable, and affordable energy for households with limited or no grid connectivity. The company offers cost-effective systems that empower off-grid customers to use sustainable energy for various appliances, including solar home systems, solar lamps, and cookstoves. Through its innovative solutions, Altech aims to facilitate savings for users while promoting environmental sustainability and improving overall living conditions for those in energy-poor communities.
FINCA Guatemala
Debt Financing in 2022
FINCA Guatemala is a financial services provider focused on reducing poverty and enhancing the quality of life for its clients. The company offers a range of services designed to empower individuals and businesses, including medical and life insurance, payment services, mobile airtime purchases, asset finance, credit lines, and both group and individual loans. By providing these financial solutions, FINCA Guatemala aims to help clients grow their wealth, create jobs, and achieve long-term financial stability.
Deevabits Green Energy
Debt Financing in 2022
Deevabits Green Energy is a for-profit social enterprise based in Kenya that focuses on enhancing energy access for underserved rural communities. The company manufactures and distributes a variety of solar products, including solar lamps and semiconductors, aimed at improving the livelihoods of the rural poor. To facilitate ownership, Deevabits employs a pay-as-you-go financing model, allowing low-income households to acquire solar lighting solutions through manageable installment payments, thereby eliminating the barrier of upfront costs. The enterprise utilizes a network of commission-based village social entrepreneurs who serve as a distribution channel, ensuring that essential goods and services reach those in need. Deevabits Green Energy envisions an Africa where equitable access to basic goods and services is a reality for all.
Farmerline
Debt Financing in 2022
Farmerline is an AgriTech startup focused on enhancing the livelihoods of smallholder farmers by providing access to vital information, record-keeping services, and communication tools. The company connects farmers with agricultural businesses, government extensions, and education programs through SMS and voice-based systems, thereby enabling them to become empowered entrepreneurs. Farmerline offers a range of services, including input financing through organized groups, climate-smart farming education, logistics support, and access to high-quality fertilizers and seeds. Farmers can subscribe to information packages and services that enhance their farming practices and productivity. Additionally, the company facilitates communication channels for input dealers and traders, improving market access and trade opportunities for farmers, ultimately helping to increase crop yields and expand their reach in international markets.
Sistema.bio
Series B in 2022
Sistema.bio is a manufacturer of prefabricated modular biodigester systems aimed at enhancing the efficiency and quality of life for small farmers. The company's systems utilize anaerobic bacteria to convert manure and various organic waste types into methane gas and organic fertilizer. This biogas can be harnessed for thermal energy used in cooking and generating electricity, while the fertilizer supports agricultural productivity. By transforming organic waste into valuable resources, Sistema.bio enables farmers to turn a potential problem into opportunities for increased productivity and sustainability.
Nilus
Venture Round in 2022
Nilus operates a technology-driven platform focused on reducing food waste and insecurity in the Americas. The company employs artificial intelligence and crowdsourcing to identify and rescue edible food nearing expiration from suppliers, then redistributes it through community kitchens to provide low-income individuals with affordable access to healthy meals. By streamlining supply chain inefficiencies, Nilus aims to eradicate malnutrition among the region's poverty-stricken population, ultimately becoming the largest impactful food company in the Americas.
I2B
Debt Financing in 2020
Accelerating new ideas testing by building software products using no-code technologies and saving thousands of dollars in between.
Deevabits Green Energy
Debt Financing in 2020
Deevabits Green Energy is a for-profit social enterprise based in Kenya that focuses on enhancing energy access for underserved rural communities. The company manufactures and distributes a variety of solar products, including solar lamps and semiconductors, aimed at improving the livelihoods of the rural poor. To facilitate ownership, Deevabits employs a pay-as-you-go financing model, allowing low-income households to acquire solar lighting solutions through manageable installment payments, thereby eliminating the barrier of upfront costs. The enterprise utilizes a network of commission-based village social entrepreneurs who serve as a distribution channel, ensuring that essential goods and services reach those in need. Deevabits Green Energy envisions an Africa where equitable access to basic goods and services is a reality for all.
Deevabits Green Energy
Debt Financing in 2019
Deevabits Green Energy is a for-profit social enterprise based in Kenya that focuses on enhancing energy access for underserved rural communities. The company manufactures and distributes a variety of solar products, including solar lamps and semiconductors, aimed at improving the livelihoods of the rural poor. To facilitate ownership, Deevabits employs a pay-as-you-go financing model, allowing low-income households to acquire solar lighting solutions through manageable installment payments, thereby eliminating the barrier of upfront costs. The enterprise utilizes a network of commission-based village social entrepreneurs who serve as a distribution channel, ensuring that essential goods and services reach those in need. Deevabits Green Energy envisions an Africa where equitable access to basic goods and services is a reality for all.
Dios Dental Clinic
Seed Round in 2018
Dios dental is a network of dental clinics which aims to bring affordable quality dental care. Their transparent pricing policy allows its clients to know their budget, with standard treatment and sterilization protocol. It was founded on March 1, 2016, and is headquartered in Rubaga, Uganda.
Komaza is a tech-driven sustainable forestry company founded in 2006 by Tevis Howard. It focuses on transforming the wood industry in Africa through its innovative farmer platform, which integrates technology, training, and services. By partnering with rural farmers to establish virtual plantations and plant woodlots, Komaza aims to create a sustainable wood supply while significantly reducing costs compared to traditional plantations. This approach not only addresses the growing demand for wood and wood products but also empowers small-holder farmers, enabling them to contribute to solving the wood supply crisis in the region.
SolarHome
Debt Financing in 2017
SolarHome is a pioneering company specializing in Pay-As-You-Go (PAYG) solar solutions for off-grid households in Southeast Asia. Based in Singapore, SolarHome installs integrated solar energy units in customers' homes and offers affordable rent-to-own plans, making solar technology accessible to low-income clients. The company focuses on delivering significant social impact by serving the 27 million households across Southeast Asia that live outside of the electric grid. Currently, SolarHome operates primarily in Myanmar and was initially developed by FORUM, a leading fintech venture builder in Emerging Asia.