Category: Raising capital

Esoko investment connects farmers to markets

Acumen and the Lundin Foundation today announced a $1.5 million aggregate equity and debt investment in Esoko Networks Limited (“Esoko”), a Ghanaian-built technology platform that connects African farmers to markets via mobile phones. The platform allows various stakeholders, from agri-business,…

Investment in Ugandan solar company

Acumen is pleased to announce a $1.4 million investment in SolarNow, a company that sells and finances solar home systems in Uganda. We sat down with Shuaib Siddiqui, Acumen’s Portfolio Director to learn more about the deal and why he’s…

Getting to a signed term sheet

[Let’s assume that our venture fund] just signed up a term sheet with a new company (Company X).  No need to disclose the company name or industry for purposes of this post.  Rather I want to briefly comment on the…

Indian organic fertilizer company

Chilasa Venture Philanthropy, a pioneer in supporting micro and small enterprises (MSMEs) through its investment ecosystem, today announced an investment in GloTech Organics Pvt Ltd, an Indian agricultural product manufacturer specialising in neem and seaweed based organic fertilisers. The United…

Running the numbers

Over the last 30 years I have found it useful to constantly and obsessively “Run the Numbers” when I look at any business opportunity. I try to do this in a way that quickly strikes to the heart of any…

Before meeting an investor

an entrepreneur should know at least these principles — Almost all startups – whether they are in major hubs like Silicon Valley, Boston or New York or less metropolitan areas like Kansas City, Miss. – face the same problem. Every…

Get started with cash flow management

The saying rings true: Turnover is vanity, profit is reality, cash flow is sanity. The importance of cash flow management in business. With looming deadlines, urgent customers, growing priorities and narrowing margins robbing you of your sleep at night, I know how far down ‘proper’ financial management is on your list of things to do. […]

Investments with low margin and high social return

  Photo credit: Utente Elitre Impact capital plays different roles in different scenarios, depending on whether it’s directed to early-stage, high-risk investments, more mature companies, or organizations that will likely need ongoing concessional support. In the first two scenarios, capital from impact…

UpEnergy gets investment for clean energy

UpEnergy, the Ugandan clean energy company and Unreasonable Institute alumni, has closed an equity investment deal, and is now raising US$1-million more in debt. We had a chance to catch up with UpEnergy co-founder Erik Wurster to chat about the fundin…