What is Poa Internet?
Founded in 2015, Poa! Internet is dedicated to bridging the digital divide by offering affordable internet solutions to individuals and small businesses in low-income neighborhoods across Kenya. The company's mission centers on democratizing internet access, enabling greater economic opportunity and social inclusion through connectivity. This focus positions Poa! Internet as a key player in Kenya's burgeoning digital economy, addressing a critical need for accessible and reliable internet services.
How much funding has Poa Internet raised?
Poa Internet has raised a total of $28M across 1 funding round:
Unspecified
$28M
Unspecified (2022): $28M with participation from Novastar Ventures and Africa50
Key Investors in Poa Internet
Novastar Ventures
Novastar Ventures is an investment manager focused on fueling an entrepreneurial revolution in Africa, partnering with bold initiatives that benefit both people and the planet. The company aims to transform markets and sectors through its diverse portfolio of investments.
Africa50
Africa50 is a pan-African infrastructure investor and asset manager dedicated to bridging the continent's infrastructure funding gap. The company focuses on developing investment-ready projects, mobilizing public and private sector financing, and investing in infrastructure across Africa.
What's next for Poa Internet?
The recent major strategic investment signals a new phase of growth and expansion for Poa! Internet. This capital infusion is expected to fuel the scaling of its infrastructure, enhance service offerings, and potentially broaden its geographic reach within Kenya and possibly other African markets. The company's trajectory suggests a continued commitment to its core mission of providing low-cost internet, leveraging this substantial backing to solidify its market position and deepen its impact on digital inclusion.
See full Poa Internet company page
