Kenyan tech startup BRCK couldn’t have prayed for a better start to 2016. The company which started in 2013 has secured $3 million funding from a group of international investors for expansion.
“The new capital of $3 million will help expand the company’s operations, its ability to manufacture additional inventory, new designs of the devices and distribution across the continent and globally,” the company said in a statement.
BRCK, which in 2014 received a funding of $1.2 million, plans to use the new capital for expansion and research. The Nairobi-based startup makes routers and modems that enable users to access Wi-Fi Internet, especially in remote areas.
Some of the investors in BRCK include former AOL executives Jean and Steve Case, TED, MKS Alternative Investments and Synergy Energy.
Synergy Energy investment manager Jessica Dick spoke of the importance of BRCK’s work. “At a time when education and information have never been so critical to the future of the world, connecting the four billion people that are not yet on the Internet is a top priority,” she said.
The tech startup started with a team of four in 2013 but by the beginning of 2015, it had grown to nine and had to move to a new office at the end of the year.
Ushahidi which founded BRCK says the device is “like a backup generator for the internet.”