Apollo Agriculture, a Kenyan agri-fintech startup dedicated to helping small-scale farmers across Africa increase their profits and farm more sustainably, has raised $10 million from Swedfund and ImpactConnect to further accelerates its rapid growth, enable increased earnings for farmers,...
Apollo Agriculture raises $9.5M from the U.S. International Development Finance to Increase food security in Africa. The 10-year loan with U.S. International Development Finance (“DFC”) will help the product and financing platform give small-scale farmers with all the tools...
Apollo Agriculture, a Kenyan agritech startup, has raised $40 million in a Series B funding round led by Softbank Vision Fund 2 in an equity round.
Its latest funding round included participation from the Chan Zuckerberg Initiative, Yara Growth Ventures,...
Kenya’s Apollo Agriculture which uses machine learning and automated operations technology to enable small-scale farmers access the resources they need to maximize their profitability has raised US$1 million in debt funding from the Agri-Business Capital Fund (ABC Fund).
Based in...
Accion has announced the final close of a $61.6 million fund for its Accion Venture Lab Fund II and rebranded from Accion Venture Lab to Accion Ventures to invest in early-stage tech startups across Africa, South and Southeast Asia,...
Equator, a climate-tech venture capital firm focused on Sub-Saharan Africa, announced the final close of its first fund with approximately $55 million USD in commitments to support Seed and Series A-stage, tech-enabled ventures in the sectors of energy, agriculture...
Equator Africa Fund has received $5 million from Proparco to invest in startups addressing climate challenges across Africa.
Proparco made the investment, through the FISEA+ facility to supporting early-stage African start-ups with innovative solutions to address climate challenges across sub-Saharan...
Equator Africa Fund has received $5 million from the IFC to invest in startup in the climate sector. The $5 million is the fund’s final close, taking its size to $54 million.
IFC's investment is supported by a $1.5 million...
African startups saw a chilly January in terms of funding, marking the second-lowest month since 2021. Despite the lacklustre start, 38 deals exceeding $100,000 each managed to raise a total of $77 million.
According to reports by The Big DeaL,...
By streamlining supply chains, improving distribution channels, and providing better information to farmers, these startups are helping to reduce waste, improve food security, and increase profitability for all stakeholders.
iProcure, a Kenyan B2B agritech that connects agricultural manufacturers and distributors to local retailers has secured$10.2 million in series B funding.
The latest round includes $1.2 million debt, and was led by Investisseurs & Partenaires (I&P), the funding brings the total funding...
Tushop, the Kenyan social-commerce platform that enables communities in Nairobi to buy groceries more cheaply with free delivery, has secured $3M in a pre-seed funding round.
The round was led by 4DX Ventures and with participation from JAM Fund, Breyer...
Flourish Ventures, a global fintech venture capital firm and arm of Omidyar Network, launched 2 years ago with a $300m war-chest has opened a new office based in Nairobi to help its investment team better serve entrepreneurs across Africa...
Technology firm SWVL has today announced the appointment of Dip Patel as its General Manager in Kenya. In a move to add greater expertise and a deeper knowledge of the technology start-up space in the country.
Patel brings broad experience...
Accion has announced that its seed-stage investment arm Accion Venture Lab is adding $33M to its initial capital pool, with the launch of a new $23M fund and an additional, separate $10M investment from Accion.
The new fund is targeted at fintech startups that aim...