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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.

Type
Venture Capital

Acumen's Portfolio in Africa

Acumen has made over 23 notable investments in African startups. Their most recent investment was in Sproxil, announced on March 22nd, 2011.
Acumen's Latest news
Portable Lithium Power Station Market Size Will Attain USD 365 Million by 2030 growing at 12.8% CAGR - Exclusive Report by Acumen Research and Consulting - GlobeNewswire

Home Fitness Market Size Will Attain USD 17.3 Billion by 2030 growing at 4.9% CAGR - Exclusive Report by Acumen Research and Consulting - GlobeNewswire

The Brief: Overheard at the GIIN, lending to Indian enterprises, performance fact base, climate deals for retail investors, Acumen’s lessons in patient capital - ImpactAlpha

Seven lessons from Acumen’s two decades of ‘patient capital’ investing - ImpactAlpha

Acumen's Investment activity in Africa

With over $65.1M invested in African startups, their latest investment was a Venture round in Sproxil, announced on March 22nd, 2011, closing at an undisclosed amounts.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Seed
Koolboks
NigeriaJan 28, 2022$ 1,700,000
Venture
Sanergy
KenyaFeb 08, 2016$ 1,700,000
Series C
PEG Africa
GhanaMar 20, 2019$ 5,000,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000

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Acumen's Investment Distribution in Africa.

Acumen's currently has Startuup investments spread across the following location(s)

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