Indonesian ag marketplace AgriAku raises $6m to democratize farmer access to inputs
The Jakarta-based startup links sellers of fertilizers, seeds, and other inputs with local ag stores that serve smallholder farmers across Indonesia.
The Jakarta-based startup links sellers of fertilizers, seeds, and other inputs with local ag stores that serve smallholder farmers across Indonesia.
Ghana’s nascent agrifoodtech sector is active, but investors lack familiarity with the market while entrepreneurs are cautious of raising capital too soon.
The year-long program is designed to prime Africa’s agrifoodtech VC pipeline by supporting early-stage startups with investment and business readiness.
Pandemic-related labor shortages and supply chain issues drove early-stage investment in solutions closer to the farm for India’s agrifood startups.
The Kenyan agtech venture is helping small farmers shift toward sustainable commercial farming with access to seeds, finacing and markets.
Full Harvest’s recent Series B fundraise will go towards accelerating data insights for sellers and buyers of surplus and imperfect food.
The Food Security Fund will be used to finance 250,000 hectares of commercial and smallholder farmland in Nigeria for climate-smart production.
Online farmer marketplaces like DeHaat, Bijak, and Animall were among India’s big winners when it came to venture investment last year.
The Argentine startup will use the funds to strengthen its e-commerce and fintech offerings, as well as for growing its footprint in Brazil.
“The potential for remote farming is huge,” says CEO Moses Kimani.
The South African private equity firm’s second fund invests in the tech enablement of Africa’s SME agribusinesses – the backbone of the continent’s agriculture sector.
Kenya has emerged as a hotspot for agtech innovation in Africa, developing more than 100 solutions driving growth, productivity and sustainability in the agricultural sector.
An ADM spokesperson told AFN that it was “the first major food and ag company to have been invited to invest in FBN.”
The Ghanaian startup allows crowdfunders – which it calls ‘digifarmers’ – to invest in African smallholdings, and then digitalizes the ag value chain end-to-end.
The Patna-based startup says it serves 650,000 smallholders and collaborates with 3,000 rural micro-entrepreneurs.
The Lagos-based startup is connecting local smallholder farmers to the international spice markets.
Indonesia’s TaniHub was the top-funded startup in the category according to AgFunder data, raising $66 million in May.
The trio are using tech to help the world’s poorest farmers improve their yields and increase their incomes.
The Chennai-based startup will use the pre-Series A funds to strengthen its fintech offering, while also boosting the volume of seafood exports it handles.
The Paris-based platform allows European farmers to browse and buy 150,000 products from 350 ag equipment manufacturers.
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International Fresh Produce Association launches year 3 of its produce accelerator