Investments
7Funds
1Latest End Poverty. Make Trillions. News
Jan 19, 2022
18/01/2022 Ugandan asset-financing company Asaak has raised USD 30mn from Founders Factory Africa, Decentralized VC, End Poverty Make Trillions, Resolute Ventures, Social Capital and HOF Capital. The funds will go towards expanding into six new markets and enabling bodaboda drivers – who are often unable to receive funding from formal banking institutions – to acquire smartphones and motorbikes. The company was founded in 2016 as a lender to farmers, then SMEs before pivoting to motorcycle financing in 2019. The company’s CEO is Kaivan Sattar. TAGS
End Poverty. Make Trillions. Investments
7 Investments
End Poverty. Make Trillions. has made 7 investments. Their latest investment was in Asaak as part of their Seed VC - II on January 1, 2022.
End Poverty. Make Trillions. Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
1/18/2022 | Seed VC - II | Asaak | Yes | Decentralized Ventures, Founders Factory Africa, HOF Capital, Resolute Ventures, Social Capital, and Undisclosed Investors | 5 | |
8/5/2021 | Seed | |||||
7/1/2021 | Seed | |||||
5/27/2021 | Seed | |||||
5/27/2021 | Seed |
Date | 1/18/2022 | 8/5/2021 | 7/1/2021 | 5/27/2021 | 5/27/2021 |
|---|---|---|---|---|---|
Round | Seed VC - II | Seed | Seed | Seed | Seed |
Company | Asaak | ||||
Amount | |||||
New? | Yes | ||||
Co-Investors | Decentralized Ventures, Founders Factory Africa, HOF Capital, Resolute Ventures, Social Capital, and Undisclosed Investors | ||||
Sources | 5 |
End Poverty. Make Trillions. Fund History
1 Fund History
End Poverty. Make Trillions. has 1 fund, including EPMT.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
5/27/2021 | EPMT | $200M | 2 |
Closing Date | 5/27/2021 |
|---|---|
Fund | EPMT |
Fund Type | |
Status | |
Amount | $200M |
Sources | 2 |
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