Investment in farm technologies was particularly buoyant, increasing 185% year-on-year and accounting for 60% of the total number of deals closed.
Gramophone has partnered with Yara Ventures-backed Jai Kisan to add loans to its full stack portfolio of services for India’s smallholder farmers.
Midstream Technologies was a leading category after scooping 60% of the total amount of agrifoodtech investments made in Africa in 2021
A look into the flow of venture capital into the agrifootech industry shows Launch Africa, Flat6Labs Cairo led in financing startups
The Africa Agrifoodtech Investment Report 2022 by AgFunder, FMO and BII reveals that $482.3 million was invested into the agrifoodtech industry in 2021
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.
Farmley, India’s dried fruit and nuts marketplace, secured $6m in Series A funding led by DSG Consumer Partners and Alkemi Growth Capital
Nigeria’s female-led Traders of Africa is helping facilitate the trade of African sourced produce, bridging the trust divide between buyers and sellers while at it.
Hailing from Mali, Oumar Barou Togola wanted to give back to his home country in a way that empowered and subsequently increased incomes for the project’s benefactors – female smallholders. Thus the journey of Hello Savanna began.
Nile, a fresh produce marketplace connecting farmers to enterprise buyers, will use the funds to expand beyond the Southern Africa region.
F&A Next 2022 is taking place in Wageningen, the Netherlands, and online next week. AFN readers can get a discount on last-minute tickets.
The F&A Next 2022 conference highlights 12 startups solving issues ranging from food wastage to providing alternative protein sources. Here are six.
The Singapore-based startup has acquired stakes in ag produce supply chain businesses in Indonesia, Malaysia, and Vietnam in recent weeks.
Agrifood SMEs in Europe could do with some additional support from investors and industry – especially in terms of help with scaling-up, the report suggests.
Kenya’s Tushop is scaling to allow communities to purchase groceries in groups, thereby getting wholesale prices for goods.
The Nairobi-based startup raised $1 million in pre-seed funding last year.
It will use the funding to launch into other countries through partnerships with local players.
The Chennai-based startup will use the Series D funds to expand into “aligned” categories including alt-protein, according to CEO Karthik Jayaraman.
E-grocery exploded during the Covid-19 pandemic. In Nigeria, Grocedy’s focus is on helping consumers save on rising food costs rather than shopping convenience.
The Lagos-based startup is aiming to make the country’s food supply chain much more predictable for stakeholders by using data, drivers, and loans.
