Farmerline raises $13m to connect West African farmers with services, buyers with data
April 26, 2022
The agribusiness marketplace for Ghanaian smallholders has raised $6.5 million in equity and $6.4 million in debt.
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Tag: Africa
5 African climate-smart agriculture investors helping close a $106bn climate finance gap
April 22, 2022
For Earth Day 2022, we explore some of Africa’s ecosystem enablers working to support and finance climate-smart agriculture startups.
The Week in Agrifoodtech: Israel & Netherlands beef up cell ag funding, Microsoft joins $225m Udaan round
April 21, 2022
More funding went to vertical farming in the US while delivery heavyweight Just Eat Takeaway is having second thoughts about buying Grubhub.
India’s FarmERP wants to bring benefits of ag data to the rest of the developing world
April 19, 2022
It’s digitalizing Asian and African agribusiness with software that helps mid- to large-size operations manage their data and finances.
Tushop secures $3m pre-seed funding to scale affordable community e-grocery in Kenya
April 14, 2022
Kenya’s Tushop is scaling to allow communities to purchase groceries in groups, thereby getting wholesale prices for goods.
The Week in Agrifoodtech: Umiami grabs $30m for alt-chicken, funding for forest tech grows
April 7, 2022
Elsewhere, the Gates Foundation and Qatar’s development fund pledged $200 million to help African smallholders with climate change adaptation.
SokoFresh offers cold storage & market linkage to minimize Africa’s post-harvest losses
April 6, 2022
SokoFresh provides a mobile cold storage solution for smallholders in Kenya, based on a ‘pay-as-you-store’ business model.
The Week in Agrifoodtech: Beewise closes $80m round, Arzeda nabs $33m
March 31, 2022
Beewise aims to save the world’s bee population with robotic beehives; while Arzeda creates enzymes for use in food, personal, and homecare products.
An eventful week for African agtech as 2 startups raise close to $100m
March 25, 2022
Nigeria’s ThriveAgric and Kenya’s Apollo Agriculture raised close to $100 million between them this week in a watershed moment for African agrifoodtech.
12 agtech takeaways from 12 global agriculture experts
March 25, 2022
Rhishi Pethe interviewed 12 agriculture experts from around the world for his new charity e-book. Here are key takeaways from each conversation he had.
The Week in Agrifoodtech: African startups Apollo, Wasoko & ThriveAgric close big-ticket rounds
March 24, 2022
Over in the US, meanwhile, The Every Company launched the world’s first chickenless egg white.
NEW REPORT: Agrifoodtech ventures raised record $52bn in 2021, nearly doubling previous year’s total
March 24, 2022
Venture investors pumped $51.7 billion into agrifoodtech startups in 2021, according to AgFunder’s latest global investment report.
African B2B e-commerce platform Wasoko raises $125m in Series B round
March 18, 2022
The Nairobi-based startup – formerly known as Sokowatch – enables informal grocery retailers to restock and finance their stores via its mobile app.
Catalyst Fund selects 4 agrifood-focused startups to join its latest fintech cohort
March 18, 2022
The accelerator plans to back 100 entrepreneurs working on financial and climate resilience innovation over the next four years.
The Week in Agrifoodtech: Licious nets $150m, Bear Robotics raises $81m
March 17, 2022
Elsewhere, Plantish scored $12 million for plant-based fish – and Mzansi Meat unveiled ‘Africa’s first’ cultivated beef burger.
Q&A: How AgDevCo will use $90m from CDC, others to boost Africa’s mid-size agribusinesses
March 16, 2022
It’ll now be able to back more high-growth, ‘mid-cap’ agribusinesses aiming to become regional and global players, says chief investment officer Chris Isaac.
Offering homestyle African cuisine, Kune is changing the face of Kenya’s food delivery sector
March 11, 2022
The Nairobi-based startup raised $1 million in pre-seed funding last year.
The Week in Agrifoodtech: Finless Foods nets $34m; CPGs & QSRs quit Russia
March 10, 2022
Clean Crop Technologies closed a round for crop protection tools and Protenga nabbed capital for its insect farming operations.
East Africa can tackle food insecurity via digitalization, but infrastructure needs funding too: report
March 10, 2022
East Africa faces drought, livestock deaths, and starvation. Rapid digitalization is helping – but infrastructure development needs to keep pace.
The Week in Agrifoodtech: Starship Technologies nets $42m, Singapore hawkers serve cell-based meat
March 3, 2022
Starship’s delivery bots move into new markets, Source.ag aims to make greenhouses smarter, and cultivated meat arrives at Singapore’s hawker stalls.
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