Kenyan agri-tech startups secure US$856,000 UK grant funding

KENYA – Kenyan agri-tech startups Illuminum Greenhouses, Juhudi Kilimo and WeFarm have secured US$856,000 in grant co-funding from the UK’s innovation agency Innovate UK to develop Africa’s first solar powered smart sensors with artificial intelligence […]

Agritech startup Clover raises US$5.5m in Series A funding round to scale operations

INDIA – Clover, a Bengaluru-based agritech startup has raised US$5.5 million from a pool of investors to further help the company accelerate growth of its farm network, and expand its B2B and B2C offerings. Clover […]

Kenyan agri-tech startup Taimba secures funding to expand operations

KENYA – B2B agri-tech startup Taimba, which operates a mobile-based cashless platform connecting rural smallholder farmers to urban retailers, has accessed US$277,000 in funding through a partnership with Enviu and the DOEN Foundation. Taimba sources […]

Venture development company, Factory Africa invests in 5 African tech startups

AFRICA – Founders Factory Africa, a company that has access to world class entrepreneurs, investors, corporates, and innovators, has accepted five more African tech startups into its Venture Scale programme, which provides GBP30,000 (US$40,000) in […]

BASF invests US$4m in Latin American agritech startups focused fund AgVentures II

BRAZIL – BASF Venture Capital, the investment arm of German agribusiness company BASF, has committed to invest US$4 million in the Brazilian fund AgVentures II, marking BASF Venture Capital’s first investment in Brazil. Managed by […]

Agritech start-up secures a loan facility for expansion of precision agriculture solutions

KENYA – Lantera a Kenyan agri-tech startup has obtained a loan facility of an undisclosed amount from Kenya Climate Innovation Center (KCIC) to enable it to meet its early targets as it prepares to raise […]

Coca-Cola teams up with Indian agritech platform DeHaat to increase fruits sourcing

INDIA – Coca-Cola India has signed a memorandum of understanding with Inidan agritech platform, Dehaat to increase production and sourcing of litchi fruits in east India. The companies will work jointly in a three-year project […]

Agritech start-up Lentera to hold fundraising for expansion of solutions to farmers

KENYA – Lentera, a Kenyan Agri-tech startup, is raising a US$560,000 funding round to build out crop-specific versions of its climate smart solutions for African farmers. Lentera started as a soil health and crop nutrition […]

Nigeria’s Farmcrowdy merges subsidiaries to improve performance

NIGERIA – Farmcrowdy, a Nigerian agritech platform has merged its subsidiaries, Farmgate Africa and Agricsquare, create a revamped Farmcrowdy brand as it seeks to improve its performance. The company said that the move was to […]