BURN

BURN Blended Finance

Funding Round
BURN•June 23, 2025•1y ago
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Amount Raised

$80M

Date Announced

Jun 23, 2025

1y ago

Disclosed Investors

1

Linked Sources

3

BURN Blended Finance round record, dated Jun 23, 2025, amount listed $80M, 1 disclosed investor.

Notes

Blended debt and results-based financing delivered through TDB Group and its Trade and Development Fund. The World Bank supports the wider ASCENT platform but is not a direct BURN investor.

Disclosed Investors (1)
TD
TDB Group

Mutilateral Developmnet Finance Institution · Nairobi, Kenya

Profile
Source Coverage (3)

launchbaseafrica.com

https://launchbaseafrica.com/2025/06/23/kenyan-cookstove-startup-burn-manufacturing-gets-80m-to-scale-across-zambia-drc-and-mozambique/

burnstoves.com

BURN partners with TDB Group on blended clean-cooking finance

thebigdeal.substack.com

2025 in review: energy funding boosted by debt

Record Details
Date announced
June 23, 2025
Round
Blended Finance
Amount raised
$80,000,000
Pre-money valuation
—
Post-money valuation
—
Disclosed investors
1
Lead investors
0
Linked sources
3
Startup ProfileAll Rounds