InspiraFarms, Ifria partner to develop farm to market cold chain solutions in West and North Africa

AFRICA – African providers of cold storage solutions, Ifria Cold Chain Development Company and InspiraFarms, have entered into a regional strategic partnership to bring together deep knowledge in the cold chain business, technology development as well as economic and financial deployment skills in African countries. The partnership leverages on Ifria’s cold chain logistics expertise together with InspiraFarms’ next-generation on-farm cold chain & food handling technology and solutions. Ifria is an integrated cold chain development company operating in franchise, license, or directly- cold chain logistics assets, ranging from added value cold storage/logistic warehouses…

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Cold storage solution provider InspiraFarms clinches financing to expand operations

KENYA – InspiraFarms, a provider of on- and off-grid cold storage solutions in East and Southern Africa has acquired a US$500,000 loan from Sunfunder, provider of innovative debt financing for solar enterprises working in emerging and frontier markets. According to InspiraFarms the financing will provide working capital to deploy its agricultural solar-powered cold chain installations in Africa. InspiraFarms develops modular and energy-efficient cold rooms and packhouses that can be installed in remote areas, supported with solar power and cloud-based remote monitoring technology. This allows farmers, distributors and processors to access…

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InspiraFarms closes Series B investment round led by KawiSafi to expand its footprint

AFRICA – InspiraFarms, a provider of on- and off-grid cold storage solutions in East and Southern Africa, has closed a Series B to further expand its operations in the region.   The series was led by KawiSafi Ventures, a growth equity fund focused on renewable energy in East Africa. Existing investors Energy Access Ventures and PYMWYMIC also participated in the round along with Untapped, which was closed in April 2020.  “We are excited to join forces with other investors to support InspiraFarms in its growth journey. At KawiSafi, we see InspiraFarms as a world-class leader in…

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