Catalyzing Innovations that Matter
Angani Closes Seed Round with Leading East African Investors to Localize Cloud Services
FOR IMMEDIATE RELEASE
February 11, 2015
Boston, MA and Nairobi, Kenya – Kenya’s Angani Ltd has closed a seed round of funding led by Invested Development with participation from Africa’s Talking, Savannah Fund, and Africa Angels Network.
Angani is the first fully automated public cloud infrastructure company in the region. For the first time, East African companies are able … read more
FOR IMMEDIATE RELEASE
BANGALORE – 17 December 2014 – Simpa, which sells solar-as-a-service to energy-poor households and micro-enterprises in rural India, today announced that it has completed a $4 million debt financing round. The financing has been provided by Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, and by GDF Suez through their Rassembleurs d’Energies program.
An estimated 400 million people in rural India still do not have access to an electricity … read more
Kenya’s BRCK raises $1.2M to connect the last mile to the internet
July 9, 2014
Nairobi, Kenya
Ushahidi spinout BRCK Inc. announced today that it has closed a $1.2 million seed round. BRCK is solving last-mile connectivity problems with a device that can bring seamless internet connection to the most remote areas of the world.
Invested Development, an early stage impact investor, led the round for the Nairobi-based technology startup. Invested Development, Omvestments, Urban.us, Cheryl … read more
FOR IMMEDIATE RELEASE
June 16, 2014
Boston, MA & Nairobi, Kenya – Invested Development, an early stage impact investment fund manager, has invested in iProcure, a technology startup serving the needs of the agricultural ecosystem in Kenya. iProcure provides software to enhance sales and inventory management in rural and peri-urban agriculture markets. As a result, farmers can access high-quality farming inputs and equipment conveniently and affordably.
According to the International Fund for Agricultural Development, the … read more
Power Africa’s Beyond the Grid Increasing Access through Small- Scale Energy Solutions
Beyond the Grid Framework to Build on Power Africa Initiative Progress
Today, the U.S. Government is formally launching an innovative framework under President Obama’s Power Africa initiative to increase energy access for underserved populations across sub-Saharan Africa. Over an initial five year period, Beyond the Grid will leverage partnerships with 27 investors and practitioners committing to invest over $1 billion into off-grid and … read more
Invested Development Invests in Rowbot Systems to Increase Nitrogen Use Efficiency
FOR IMMEDIATE RELEASE
March 19, 2014
Boston, MA & Minneapolis, MN – Invested Development (ID), an early stage impact investment fund manager, has invested in Rowbot Systems, an agriculture technology startup in Minnesota. Rowbot Systems is developing an autonomous robotic machine for precise Nitrogen fertilizer applications and cover crop seeding in cornfields and other row crops.
Rowbot’s autonomous machine navigates within narrow rows to … read more
FOR IMMEDIATE RELEASE
September 4, 2013
Boston, MA – Impact investment fund manager Invested Development (ID) announced today that it has closed its flagship fund, the BSP Fund, at $20 million USD. The fund is dedicated to solving the world’s biggest problems, and ID believes that investing in alternative energy, agriculture technology, and mobile technology innovations is the way to do this.
The firm funds highly scalable startups with affordable innovations for underserved markets like … read more
Invested Development Invests in Growing Energy Labs, Inc. (GELI) to Move the Networked Energy Storage Industry Forward
FOR IMMEDIATE RELEASE
July 22, 2013
Boston, MA & San Francisco, CA – Invested Development (ID), a seed-stage investment fund manager, has invested in Growing Energy Labs, Inc. (GELI), an innovative startup developing software for energy storage. GELI’s software integrates, networks, and economically operates energy storage, dramatically increasing the opportunity to bring alternative energy solutions mainstream.
GELI’s Energy … read more
Invested Development Invests in OnFarm Systems to Improve Decision-Making on the Farm
FOR IMMEDIATE RELEASE
June 19, 2013
Boston, MA & Fresno, CA – Invested Development (ID), an early stage investment fund manager, has invested in OnFarm Systems, an agriculture technology startup. OnFarm offers an innovative SaaS solution that increases farm productivity and profits. OnFarm’s technology combines multiple data sources into one user-friendly, cloud-based dashboard to make decision-making on the farm easier.
Growers are rapidly … read more
Invested Development Invests in SolarNow to Provide Affordable Solar Home Systems in Uganda
FOR IMMEDIATE RELEASE
February 25, 2013
Boston, MA, Nijmegen, The Netherlands, & Kampala, Uganda – Invested Development, an emerging markets-focused social impact investment company, has invested in SolarNow, a Dutch social enterprise operating in Uganda. SolarNow combines a franchise model with an end-user credit facility to provide affordable solar home systems (SHSs) in Uganda. There are 4 million off-grid households in Uganda, … read more
Washington, D.C. (January 4, 2013) –The United Nations Foundation today commended the United Nations General Assembly for its recent declaration of the Decade of Sustainable Energy for All, 2014-2024. The Decade of Sustainable Energy for All will make access to sustainable energy a continuing priority on the global development agenda.
“Sustainable energy is essential to achieving sustainable development and meeting our goals as a global community,” said United Nations Foundation President Timothy E. Wirth. “By … read more