Series A & B Capital Raise – Burn Manufacturing
Burn is a leading cookstove design and manufacturing company and the only business in the industry that manufactures its products in Kenya. Burn needed financing to complete its Kenya based manufacturing facility and continue to grow operations in East Africa. I-DEV was the Sole Lead Sell-Side Advisor for Burn Manufacturing on its ~$1.5M Series B convertible notes transaction. As Burn continues to grow and is looking to expand across the region and the continent, I-DEV has been re-engaged to help the company develop their strategy and lead its next financing round.