Dolma Impact Fund has proudly announced the triumphant IPO of its portfolio company, Fusemachines Inc. (NASDAQ: FUSE), representing Dolma’s inaugural listing on the US stock exchange. The $280 million IPO underscores the increasing global significance of emerging markets such as Nepal in the technology and AI landscape.
Dolma, which initially invested in Fusemachines in 2018, was instrumental in facilitating its growth across North America, Nepal, and Latin America, including AI educational initiatives that prepared over 1,000 engineers. Fusemachines’ achievements exemplify Dolma’s objective to foster innovation and enduring impact from developing regions.