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Habitat for Humanity invests in Cambodian water-access startup TapEffect
- News Maker
The investment marks the fifth anniversary of Habitat's Shelter Venture Fund, which has already disbursed US$3 million in equity to 11 housing innovations
Phnom Penh, Cambodia, Aug 11, 2022 - (ACN Newswire) - Habitat for Humanity's Terwilliger Center for Innovation in Shelter announced today a US$300,000 equity investment in TapEffect, a Cambodia-based startup which provides clean and affordable tap water to underserved rural and semi-rural communities. The investment also marks the fifth anniversary of Habitat's Shelter Venture Fund, launched in 2017 to accelerate innovative startups tackling affordable housing challenges worldwide.