Dolma Impact Fund Marks First US IPO with Fusemachines Listing on NASDAQ

Thu, Oct 30, 2025 11:08 AM on Latest, Corporate,

Dolma Impact Fund has celebrated the successful IPO of its portfolio company, Fusemachines Inc. (NASDAQ: FUSE), marking Dolma’s first listing on the US public market. The $280 million IPO highlights the growing global role of emerging markets like Nepal in the tech and AI sector.

Dolma, which first invested in Fusemachines in 2018, played a key role in supporting its expansion across North America, Nepal, and Latin America, including AI education programs that trained over 1,000 engineers. Fusemachines’ success reflects Dolma’s mission to promote innovation and sustainable impact from developing economies.