Data Snapshot: Seed stage deal activity jumped 70% YoY in African agrifoodtech investment
October 12, 2022
African Agrifoodtech investment deals in 2021 were dominated by seed stage deals, which took 80% of 150 deals recorded.
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Lucy Ngige
Gramophone evolves from offering inputs to full stack platform with new lending solutions for farmers
October 10, 2022
Gramophone has partnered with Yara Ventures-backed Jai Kisan to add loans to its full stack portfolio of services for India’s smallholder farmers.
Meet the founder: How Doaa Abdel Hameed pivoted her food delivery startup to a “super-app”
October 7, 2022
Bonbell co-founder Doaa Abdel Hameed shares here thoughts on enhancing the hospitality industry, her company’s future, and supporting female founders.
Data Snapshot: African agrifoodtech entrepreneurs and investors are focusing on the supply chain
October 5, 2022
Midstream Technologies was a leading category after scooping 60% of the total amount of agrifoodtech investments made in Africa in 2021
Data snapshot: Launch Africa, Flat6Labs Cairo lead Africa agrifoodtech investment
September 29, 2022
A look into the flow of venture capital into the agrifootech industry shows Launch Africa, Flat6Labs Cairo led in financing startups
Brief: Nigeria’s Vendease secures $30m Series A as it automates food supply in Africa
September 27, 2022
Vendease is on a mission to be ‘Africa’s Amazon for food vendors’ by automating food supply.
BREAKING: Farmerline nets $1.5m from Oikocredit in second close of $14m pre-Series A round
September 27, 2022
Farmerline claims to have reached over 1.5 million farmers in 35 countries via its Mergdata platform.
Meet the founder: Mzansi Meat’s co-founders on building a global foodtech company with African roots
September 23, 2022
Mzansi Meat’s Brett Thompson and Tasneem Karodia discuss how their company and South Africa’s cultivated meat industry could evolve in the near future.
Data snapshot: 90% of African agrifoodtech investment went to Nigeria, Egypt and Kenya
September 21, 2022
Nigeria, Egypt and Kenya collectively secured close to 90% of agrifoodtech investments in 2021, according to the Africa AgriFoodTech Investment Report by AgFunder.
Brief: Nutrition Technologies lands $20m to expand insect-protein operation across Asia
September 20, 2022
The Nutrition Technologies system leverages black soldier fly larvae to produce proteins for animal feed and fertilizers.
BREAKING: Africa agrifoodtech startups raise $1bn in 5 years, but just 1% of global investment
September 20, 2022
The Africa Agrifoodtech Investment Report 2022 by AgFunder, FMO and BII reveals that $482.3 million was invested into the agrifoodtech industry in 2021
UK alternative protein: UK could be leader with faster regulation, more funding for cell ag
September 15, 2022
The UK alternative protein sector could be a leader but it needs to improve its regulatory process and provide more funding to support its growth.
How Kenya’s Neruva Technologies’ ecocapsules are bringing food production to urban markets
September 14, 2022
Neruva Technologies is a Kenyan-based startup that’s leveraging indoor farming to simplify agriculture and bring food production to urban markets.
5 African alternative protein startups innovating to meet 3-fold increase in meat & dairy demand by 2050
September 2, 2022
The trend for African alternative protein startups is coming to the African continent. Here’s a closer look at five of them.
Virridy partners to improve water security in Africa through climate finance-based model
September 1, 2022
The partnership claims to already support close to five million people’s water supplies in Ethiopia and Kenya.
UK’s Ivy Farm opens the “largest cultivated meat pilot plant” in Europe
August 31, 2022
Ivy Farm, a cultivated meat startup in the UK, just unveiled what it claims to be Europe’s largest cultivated meat pilot plant.
Brief: South Korean agrifood sourcing hub Tridge raises $37.2m Series D, reaching $2.7bn valuation
August 25, 2022
Tridge, a South Korean B2B platform connecting buyers and sellers of fresh agricultural produce, is doing around $15m in sales per month, according to the company.
India’s first insect farming startup Loopworm secures $3.4m seed round led by Omnivore, WaterBridge
August 25, 2022
Indian insect biotech startup Loopworm secures $3.4m seed round led by Omnivore and WaterBridge to scale up research and development and production.
Brief: Vive Crop Protection closes $26m Series C to accelerate precision chemistry
August 24, 2022
Vive Crop Protection, a Canadian developer of crop protection products, plans to hold a second close of the round later this year as other investors continue due diligence.
Kenya’s iProcure closes $10.2m Series B to digitize rural supply chains in Kenya and beyond
August 18, 2022
Kenya’s iProcure closes $10.2 M in a Series B led by impact investor I&P
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