Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Wassha, a Japan-based, Africa-focused e-commerce platform, has raised ¥1.01bn ($9.2m) in a series B round from backers including air conditioning equipment manufacturer Daikin Industries, motor vehicle manufacturer Yamaha Motor Company and trading group Marubeni. The round also featured Mizuho Capital, a VC vehicle for financial services firm Mizuho Bank, University of Tokyo Edge Capital (Utec), a VC firm affiliated with the institution, and Mistletoe Japan. Founded in 2013, Wassha has developed an off-grid solar service for rural areas in Africa.…
Thierry Heles
Thierry Heles is the editor of Global University Venturing, host of the Beyond the Breakthrough interview podcast and responsible for the monthly GUV Gazette (sign up here for free).
