As smartphones have proliferated and technological advancements have enabled more transparency around agricultural products and pricing, farmers are gaining more trust in online tools as a means to do business and improve their finances.
DeHaat will exclusively sell formulations from Global BioAg Innovation (GBI) and Australia’s Aussan Laboratorie to smallholders in India.
Startups in the Ag Marketplaces & Fintech category raised $191 million in 2022 to bring more efficiency to the agrifood supply chain.
Tawi Fresh launched this year to connect smallholder farmers in Kenya more directly to markets, financing and fairer pricing.
The Yield Lab Latam is targeting a $50m final close by the end of the year.
Aquaconnect will use the new capital to build up its product portfolio for both pre-harvest and post-harvest services for the aquaculture industry.
DeHaat says the Series E round will help the company reach break-even profitability within the next 12 months.
To the casual observer, Africa’s agricultural development presents something of a paradox. Despite registering the fastest agricultural productivity growth rate than any region and more than doubling agricultural exports to the rest of the world over the last 20 years, the continent’s food imports are rising faster than ever.
The category’s strong fundraising performance underscores its potential to positively impact Asia-Pacific, especially when it comes to smallholder farmers.
IPES-Food also suggests building “sustainable food systems” that reduce waste, improve nutrition and bolster the supply chain were also left out.
The Mexico agtech ecosystem is not bowing to global pressures as new innovations continue to crop up and develop, writes Adrian Garcia-Casarrubias.
Smaller-sized farmers in Mexico have no access to credit. Verqor wants to change that by digitizing more of the country’s ag operations.
The agribusiness marketplace for Ghanaian smallholders has raised $6.5 million in equity and $6.4 million in debt.
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.
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.
The Israeli company will further develop its smart irrigation tech API for smallholder farmers facing the impacts of climate change.
East Africa faces drought, livestock deaths, and starvation. Rapid digitalization is helping – but infrastructure development needs to keep pace.
The Jakarta-based startup links sellers of fertilizers, seeds, and other inputs with local ag stores that serve smallholder farmers across Indonesia.
The Dakar-based startup is boosting linkages between smallholder farmers and small-scale vendors in Senegal’s informal retail sector.
Smoke & mirrors, not worth the extra cost: 50 US farmers speak out on carbon markets