BRCK secures US$ 3M in funding
BRCK today announced that it has closed a Kes. 300M (US$ 3M) funding round. This significant capital raise included investment from former AOL executives Jean and Steve Case, along with other participating international investors including Jim Sorenson, TED, MKS Alternative Investments, Synergy Energy and others. This funding round adds to the US$ 1.2M BRCK raised through seed funding in 2015.
BRCK was founded in 2013 and they created the BRCK – a rugged mobile device seeking to solve the common challenge in Africa of electricity and internet connections in low-infrastructure environments. Physically tough in design with smart technology and enough backup power to survive a blackout for 8 hours, the BRCK provides failsafe internet connectivity in almost any environment.
BRCK as a business has grown massively and now sells in 54 countries across 5 continents. BRCK is is also redefining Kenya’s primary education through BRCK Education with the Kio tablet and the Kio Kit – a digital classroom in a box. The latest funding round will help expand BRCK’s operations, its ability to manufacture additional inventory, new designs of the devices and distribution across the continent and globally.
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