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Incubator/Accelerator
impact.man.eu

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Investments

20

Portfolio Exits

1

About MAN Impact Accelerator

The MAN Impact Accelerator is meant to scale social ventures in transport and logistics. The accelerator does not take any equity and does not provide any cash.

MAN Impact Accelerator Headquarter Location

Dachauer Straße 667

Munich, 80995,

Germany

+49 151 611 266 70

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Latest MAN Impact Accelerator News

Nigerian, Ugandan logistics startups selected for MAN Impact Accelerator

Oct 30, 2019

Nigerian, Ugandan logistics startups selected for MAN Impact Accelerator Nigerian startup Arone and Uganda’s Zembo have been selected for the third edition of the MAN Impact Accelerator, which helps logistics and mobility startups scale. Organised by MAN Truck & Bus in partnership with Yunus Social Business, the MAN Impact Accelerator helps scale social businesses in transport and logistics with a considerable impact on society. The eight-month structured mentoring programme is focused on impact, purpose, growth, customer development, marketing, communication, investment, tech and product-market fit, and includes five weeks in each of Munich, Sao Paolo, Lisbon and Johannesburg. Eight startups have been selected to take part in the programme, including two from Africa. They are Nigeria’s Arone , which uses smart drones to deliver blood and medical supplies to remote villages, and Uganda’s Zembo , which is providing affordable electric motorcycles for motorcycle taxi drivers. Alongside other participants from Brazil, France, Spain and Sweden, the two African startups will receive mentoring from more than 300 leading industry experts from companies like Airbnb, Amazon, Uber, Google and Maersk, and the chance to build connections with experts from MAN Truck & Bus. There will also be the opportunity to build valuable connections with potential investors. “At Yunus Social Business, we believe in the power of business to end poverty. A social business is a for-profit company with a social mission at its core 100 per cent dedicated to solving human problems,” said Arunima Singh, accelerator programme lead at Yunus Social Business. “The founders who have been chosen to be a part of the MAN Impact Accelerator embody that enormous opportunity to harness the power of business to impact people’s lives in many different geographies.”

MAN Impact Accelerator Investments

20 Investments

MAN Impact Accelerator has made 20 investments. Their latest investment was in Arone as part of their Incubator/Accelerator on October 10, 2019.

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MAN Impact Accelerator Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

10/29/2019

Incubator/Accelerator

Arone

Yes

1

10/29/2019

Incubator/Accelerator

ninamobile.org

Yes

1

10/29/2019

Incubator/Accelerator

XYT

Yes

1

10/29/2019

Incubator/Accelerator - II

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10

10/29/2019

Incubator/Accelerator - II

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10

Date

10/29/2019

10/29/2019

10/29/2019

10/29/2019

10/29/2019

Round

Incubator/Accelerator

Incubator/Accelerator

Incubator/Accelerator

Incubator/Accelerator - II

Incubator/Accelerator - II

Company

Arone

ninamobile.org

XYT

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Amount

New?

Yes

Yes

Yes

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Co-Investors

Sources

1

1

1

10

10

MAN Impact Accelerator Portfolio Exits

1 Portfolio Exit

MAN Impact Accelerator has 1 portfolio exit. Their latest portfolio exit was Commut on September 24, 2018.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

9/24/2018

Acquired

$99M

2

Date

9/24/2018

Exit

Acquired

Companies

Valuation

$99M

Acquirer

Sources

2

MAN Impact Accelerator Team

1 Team Member

MAN Impact Accelerator has 1 team member, including former Founder, Prabhdeep Singh.

Name

Work History

Title

Status

Prabhdeep Singh

Founder

Former

Name

Prabhdeep Singh

Work History

Title

Founder

Status

Former

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