Acumen
Investment Thesis
Acumen is a mission-driven investor committed to eradicating poverty in Africa. Their bias for the bold fuels their investments in Seed and Venture rounds at companies like Juhudi Kilimo, Virtual City, and PowerGen Renewable Energy. Acumen's patient capital and tailored support distinguish them in the African investment sphere, empowering entrepreneurs to create positive social and environmental impact.
Portfolio Preview
A sample from 23 verified portfolio companies.
Sun King
Sun King designs, distributes and finances Sun King solar home energy solutions to households and businesses who lack reliable access to the grid.
Ampersand Electric Motorcycles
Ampersand makes better, cheaper, more powerful motorcycles for the millions of motorcycle taxis in East Africa. And they're electric.
KIMS Microfinance
KIMS Microfinance is Somalia’s first and only dedicated and privately-owned microfinance institution.
BioMassters
BioMassters is a Rwandan private limited company developing a low-carbon pellet cooking value chain.
Keep IT Cool
Keep IT Cool is a social enterprise that leverages technology as an enabler to empower African communities.
Yellow Africa
Yellow is the leading distributor of pay-as-you-go solar home systems in Malawi.
Acumen: quick facts
- Which startups has Acumen invested in?
- Acumen has backed at least 23 African startups, including Sun King, Ampersand Electric Motorcycles, KIMS Microfinance, BioMassters, Keep IT Cool and 18 others.
- What stages does Acumen invest in?
- Acumen invests at the Seed, Series A, Series B, Series C and Series D stages.
- Which sectors does Acumen invest in?
- Its portfolio spans Energy, Renewable Energy, Financial Services, Agriculture, AgTech and Clean Energy.
