Dolma Impact Fund Records First US Listing with Fusemachines IPO on NASDAQ
Dolma Impact Fund celebrates its first US IPO as Fusemachines Inc. lists on NASDAQ, raising $280 million.
Dolma Impact Fund has successfully facilitated its portfolio company Fusemachines Inc.’s debut on the US public market, with the AI-focused firm listing on NASDAQ under the ticker FUSE. The $280 million initial public offering underscores the growing global significance of emerging markets such as Nepal in technology and artificial intelligence.
Dolma, which first invested in Fusemachines in 2018, has been instrumental in supporting the company’s expansion across North America, Nepal, and Latin America. The firm has also spearheaded AI education initiatives, training over 1,000 engineers and fostering talent development in emerging markets.
Fusemachines’ IPO success reflects Dolma Impact Fund’s mission to drive innovation and sustainable economic impact from developing economies. The listing provides international investors with access to Nepal-linked technology ventures and highlights the potential of tech startups from the region.