Sumet Technologies Grant
Amount Raised
$117K
Date Announced
Mar 02, 2026
7mo ago
Disclosed Investors
2
1 lead
Linked Sources
4
Sumet Technologies Grant round record, dated Mar 02, 2026, amount listed $117K, 2 disclosed investors.
develoPPP Ventures cohort 9 (East Africa): EUR 100,000 non-dilutive public funding (matching-funds model, BMZ-supported) with technical support, implemented by DEG Impulse; recipient entity named Sumet Technologies Tanzania Limited. Announced in DEG Impulse's second-batch LinkedIn post (2 Mar 2026). DEG Impulse portfolio lists starting date 07 January 2026 (programme start, not recorded as a closing date). Source states EUR only; amount_raised_usd is an SLA conversion at the ECB euro reference rate for 2 Mar 2026 (1.1698 USD/EUR) = USD 116,980.
linkedin.com
DEG Impulse (LinkedIn, 2 Mar 2026): second set of 9th develoPPP Ventures cohort companies
developpp.de
develoPPP Ventures portfolio: Sumet Technologies (EUR 100,000, start 01/2026, DEG Impulse)
vc4a.com
VC4A (9 Mar 2026): develoPPP Ventures successfully closes 13 new investments in East Africa
thebigdeal.substack.com
Africa: The Big Deal (12 May 2026): Where are the investors?
