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Machame Mines is a resource extraction company, processing minerals in East Africa (Uganda, South Sudan). It acquires and develops strategic licenses for critical minerals including gold, copper, iron, granite, graphite, limestone, nickel, manganese, lithium. Its operational model emphasizes sustainable, responsible mining, ensuring efficient resource utilization, environmental stewardship.
Established to unlock East Africa's mineral wealth responsibly, Machame Mines recognized rising global demand for critical raw materials. Founders' insight highlighted necessity for ethical, environmentally conscious extraction. This principle guides their commitment to sustainable practices, fostering strong, mutually beneficial relationships with communities for regional development.
Machame Mines supplies global industries needing premium raw materials for manufacturing, technology, energy. It envisions becoming a leader in sustainable mining, delivering quality minerals, contributing to economic growth in its regions. Its mission involves upholding high standards of safety, environmental care, community engagement, supporting local development and global resource demands.
Machame has 2 tracked investments across 2 companies. The latest tracked deal is $2.3M Seed in Campsider in January 2024.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jan 15, 2024 | Campsider | $2.3M Seed | Founders Future | Xavier LE Guen, Fair Equity, Inovexus |
| Feb 16, 2023 | Ultimate Champions | $5.5M Seed | Sisu Game Ventures | 2B Ventures, Signum Capital, Spherion, UOB Venture Management |