Ep. 276 How I Raised It with Michael Heyink of Yellow
APR 15, 202430 MIN
Ep. 276 How I Raised It with Michael Heyink of Yellow
APR 15, 202430 MIN
Description
Produced by Foundersuite (www.foundersuite.com), "How I Raised It" goes behind the scenes with startup founders and investors who have raised capital.
This episode is with Michael Heyink of Yellow.Africa, a startup bringing connectivity and power to rural African communities through an innovative distribution and financing model.
In this episode, we talk about the opportunities and challenges of building a startup in Africa, his transition from working in private equity to becoming a startup founder, raising capital from impact investors and development finance institutions, and more.
Yellow most recently raised a Series B funding round of $14 million, bringing the total capital raised by Yellow, through a combination of debt and equity, to $45 million.
The round was from Convergence Partners and the Energy Entrepreneurs Growth Fund, managed by Triple Jump, along with follow-on investment from Platform Investment Partners.
How I Raised It is produced by Foundersuite, makers of software to raise capital and manage investor relations. Foundersuite's customers have raised over $17 Billion since 2016. Create a free account at www.foundersuite.com. If you are a VC or investment banker, check out our new platform, www.fundingstack.com
