Jibu capitalizes and equips entrepreneurs to establish affordable access to basic necessities.
Jibu provides a comprehensive, turn-key start-up package for local entrepreneurs to start their own neighborhood businesses by treating and packaging water in reusable bottles.450 million East Africans do not have reliable access to safe drinking water. Jibu currently works within this emerging market in the Democratic Republic of the Congo, Rwanda and Uganda and plans to expand to surrounding countries in the coming years.Jibu provides seed-financing and support to equip East African entreprenerus with the materials needed to launch safe drinking water franchises. Jibu offers an opportuntiy for local entrepreneurs to make drinking water 75% cheaper than bottled water, at the same price as boiling water, but with the convenience of door-side delivery and the aspirational association with bottled water.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Feb 1, 2018 | Series B | $7M | 7 | — | — | Detail |
Jan 1, 2018 | Debt Financing | — | 1 | — | — | Detail |
Jul 2, 2015 | Series Unknown | — | 1 | — | — | Detail |
Jan 15, 2015 | Series A | $1.10M | — | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Maclellan Foundation | — | Series B |
Stone Family Foundation | — | Series B |
AAIC Investment Pte Ltd | — | Series B |
Conrad N. Hilton Foundation | — | Series B |
NRD Capital Management | — | Series B |
Segal Family Foundation | — | Series B |
The Danone.Communities Mutual Fund | — | Series B |
Hooge Raedt Social Venture | — | Debt Financing |
Spring Accelerator | — | Series Unknown |