Proximity Designs logo — company profile

Proximity Designs

Founded 2008 Myanmar Yangon, Myanmar 274 employees Debt Financing Total: $26.62M Finance, Financial Services

General Information

Company Name Proximity Designs
Founded Year 2008
Location Myanmar Yangon, Myanmar +3
Founders / Decision Makers
Team member
Employees 274
Industries Finance, Financial Services
Funding Stage Debt Financing
Social

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About Proximity Designs

Proximity Designs is a social business based in Myanmar that has been empowering rural communities since 2008. The company focuses on designing and delivering affordable, income-boosting products that align with the entrepreneurial spirit of rural families. Their recent milestone includes a €2.62M Debt Financing investment secured on 27 July 2020 from the Belgian Investment Company for Developing Countries, signaling confidence in their mission. Proximity Designs operates within the finance and financial services industries, actively seeking to make a meaningful impact on rural economies. Their commitment to financial inclusion and sustainable growth makes them a compelling prospect for venture capital investment.

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing •••••• 1
Investor
27 Jul 2020
Venture Round •••••• 3
Investor Investor
•••• ••••
01 Jul 2020
Debt Financing •••••• 1
Investor
08 Apr 2019

FAQ About Proximity Designs

Proximity Designs is a social business in Myanmar. We design and deliver affordable, income-boosting products that complement the entrepreneurial spirit of rural families.
Proximity Designs was founded in 2008.
Proximity Designs is headquartered in Yangon, Myanmar.
Proximity Designs operates in the following industries: Finance, Financial Services.
Proximity Designs has approximately 274 employees.
Proximity Designs has completed 3 funding rounds, raising a total of $26.62M. The latest funding stage is Debt Financing.

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