Invested Development is an investment management company established in 2009 and currently headquartered in Atlanta, Georgia. Initially founded in Boston, the company specializes in early-stage financing, particularly targeting technology start-ups in sectors such as mobile technology, alternative energy, and agricultural technology. Invested Development launched its BSP Fund in 2011, which became fully vested across 19 companies by 2020. The firm has successfully facilitated various exits, including acquisitions of companies such as Simpa in India by Engie, OnFarm in the United States by SWIIM, iHub in Kenya by ccHub, and GELI in the United States by Hanwha Q-Cells from Korea.
Founded in 2013, Angani Limited offers public cloud computing services across East Africa. It provides virtual machines, turnkey solutions, hardware procurement, maintenance, and power cooling services.
BRCK
Seed Round in 2014
BRCK is a hardware and software company based in Nairobi, Kenya. It designs rugged, self-powered mobile WiFi devices that provide internet connectivity in areas with poor infrastructure. BRCK aims to bridge the digital divide globally.
iProcure
Venture Round in 2014
iProcure Ltd is a Nairobi-based company that operates a supply chain platform focused on optimizing agricultural input distribution in rural Africa, particularly in Kenya. Founded in 2012, iProcure provides a comprehensive solution that integrates business intelligence and data-driven stock management to enhance the operations of agricultural retailers. The platform enables retailers to manage inventory, point-of-sale activities, and customer profiles while leveraging geo-located purchasing patterns and real-time transaction analysis. Additionally, iProcure facilitates mobile payments, allowing retailers to better predict demand and improve overall inventory management. By offering an alternative distribution channel, the company ensures that agricultural products reach end consumers effectively, thereby streamlining distribution and enhancing customer service. iProcure also provides warehousing and storage facilities to support its logistics operations.
SolarNow
Seed Round in 2013
SolarNow provides solar energy and financing solutions in East Africa through a subsidiary, offering solar home systems, electrical appliances, and power solutions for rural and urban households, entrepreneurs, and institutions. The company serves households, small businesses, farming operations, and corporate customers with flexible credit and service options to access clean, affordable energy. Founded in 2011 by Willem Nolens, it is headquartered in Nijmegen, the Netherlands, with operations in Uganda and Kenya.
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