What is Kacific?
Founded in 2013 and headquartered in Singapore, Kacific specializes in providing essential broadband internet services via satellite. The company targets regions with limited terrestrial infrastructure, making its services critical for economic development and connectivity in the South East Asia and Pacific Islands. Kacific's operational model is designed to overcome geographical challenges, offering a vital link for businesses, governments, and communities.
How much funding has Kacific raised?
Kacific has raised a total of $329.3M across 3 funding rounds:
Series A
$22.3M
Other Financing Round
$147M
Other Financing Round
$160M
Series A (2016): $22.3M, investors not publicly disclosed
Other Financing Round (2017): $147M led by Undisclosed
Other Financing Round (2019): $160M supported by GuarantCo and ADB
Key Investors in Kacific
GuarantCo
GuarantCo is an infrastructure finance institution that provides credit enhancement to projects in low-income countries. Their involvement suggests a focus on the long-term viability and impact of Kacific's infrastructure.
ADB
Established in 1966, Asian Development Bank (ADB) assists its members, and partners, by providing loans, technical assistance, grants, and equity investments to promote social and economic development. They are headquartered in Manila, Philippines. Their participation highlights a commitment to fostering economic development through improved digital infrastructure.
Undisclosed Investors
What's next for Kacific?
The recent major strategic investment signals a new phase of growth and expansion for Kacific. This capital infusion is expected to accelerate the deployment of its satellite network, enhance service capabilities, and potentially broaden its geographical reach. With a clear focus on enterprise-level funding, Kacific is positioning itself for significant scaling, aiming to solidify its market leadership in providing satellite broadband to remote and developing areas. The company's trajectory suggests a continued emphasis on strategic partnerships and technological advancement to meet the growing demand for connectivity.
See full Kacific company page
