CTO James Cariello has been named as the new CEO at the firm, which recently laid off 10% of its staff and has been trying to raise fresh capital through a convertible bond.
“The CEO got all [of the] company [together] in a less than five-minute call and the affected ones were disconnected less than an hour and a half afterwards.”
Shamba Pride digitizes many tasks for agro-dealers in an effort to improve quality and traceability as well as access to information.
Funding in Novel Farming Systems—an AgFunder category spanning indoor farming, insect ag, aquaculture, and algae production—fell off a cliff last year.
Kenya, Nigeria and Egypt cumulatively raised 86% of all funding in 2022 for African agrifoodtech startups.
Tawi Fresh launched this year to connect smallholder farmers in Kenya more directly to markets, financing and fairer pricing.
The UK-based startup secured the funds from US investor Regenerate Ventures.
SokoFresh provides a mobile cold storage solution for smallholders in Kenya, based on a ‘pay-as-you-store’ business model.
Nigeria’s ThriveAgric and Kenya’s Apollo Agriculture raised close to $100 million between them this week in a watershed moment for African agrifoodtech.
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 Nairobi-based startup – formerly known as Sokowatch – enables informal grocery retailers to restock and finance their stores via its mobile app.
The Nairobi-based startup raised $1 million in pre-seed funding last year.
The chief technology officer is leading the charge to make precision irrigation available to women smallholders worldwide.
The Kenyan retail platform connects small-scale merchants with FMCG brands and financing options so that they can grow their businesses.
The Kenyan agtech venture is helping small farmers shift toward sustainable commercial farming with access to seeds, finacing and markets.
InspiraFarms is deploying off-grid cold storage technology to help Kenya cut hundreds of millions of dollars of seasonal food waste.
“The potential for remote farming is huge,” says CEO Moses Kimani.
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.
The Kenyan fund’s CEO talks about its own hard-learned lessons in everything from promoting tech as a tool, to fighting climate change on the continent.
Swedish company Nick’s grabbed the biggest funding round of the week, while India’s cloud kitchen market grew and Twiga Foods got $50 million to expand across Africa.
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