Tag: BSP Fund

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Kenya’s BRCK raises $1.2M to connect the last mile to the internet

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

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CropIn Technologies Joins ID’s BSP Fund Portfolio

We are excited to welcome CropIn Technologies to the BSP Fund portfolio. CropIn is a Bangalore-based software startup that makes farm operations efficient, transparent, and traceable. The software collects data from the field and makes it available to assist agri-businesses and farmers to improve productivity and sustainability. The cloud-based solution simplifies complex farming operations, especially those common to contract farming, an area ripe for technology innovation.

Contract Farming in India

Contract farming is … read more

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Invested Development Invests in Rowbot Systems to Increase Nitrogen Use Efficiency  

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

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Invested Development Closes the BSP Fund at $20M for Innovative Technology Startups in Under-served Markets

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

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Invested Development Invests in OnFarm Systems to Improve Decision-Making on the Farm

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

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Interview with David del Ser: Frogtek Update and Thoughts on the IFF

Since we first announced the Impact Factoring Fund, we’ve been working hard to help our portfolio companies take advantage of the opportunity to access working capital. One of our portfolio companies, Frogtek, is particularly excited to apply the IFF to its efforts of financing tablets for their customers in Mexico and Colombia.

Frogtek’s innovative technology is an application, Tiendatek, which allows micro shopkeepers to manage sales and inventory on their smartphone or tablet. … read more

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Simpa Networks Makes Headlines

We take pride in each one of our portfolio companies, and it’s always rewarding to see them recognized for their work. Simpa Networks has been quietly walking the walk and is now talking the talk, evidenced by article after article popping up in our Google Alerts. The media stories on Simpa spotlight the need for alternative energy and accompanying innovative financing solutions for the under- and un-electrified. Now, mainstream media like Inc Magazine and National … read more

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Good News in the Portfolio

As we wrote about in a recent post, Cents and Responsibility, investors have a responsibility to entrepreneurs. The Weekly Review prior to that post highlighted the close relationship an entrepreneur must have with the investor to enable productivity and progress. We live by our own words. We have a close relationship with each of our portfolio companies and stand by them on both the highest of highs and lowest of lows.  Although we don’t
… read more
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ID Welcomes SlimTrader

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Invested Development is excited about the latest addition to our portfolio:  SlimTrader.
by: Miguel Granier

For many Africans, having to walk for hours then stand on a crowded street corner and hope that they can push their way onto a bus is all too common. Worse still is when that bus is held up by gunmen for the cash the driver holds from ticket sales. Luckily, many Africans already have the technology they need
… read more
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Welcome Back

>Twenty eleven might have started nearly a month ago, but the real work for ID has just begun. We started our 3rd calendar year in a BIG way; launching the BSP Fund with our partner Blue Sky Projects and kicking off two multi-month research projects with MIT’s SEID program and a group of student interns from Northeastern. We are also welcoming three new key players to the ID team: Christina Tamer as Marketing Intern, Serrano … read more