KBL partners with Safaricom in developing smart coolers leveraging on IoT

KENYA – The Kenya Breweries Limited, subsidiary of the East African Breweries Limited has partnered with Safaricom a Kenyan mobile network operator to connect and enhance its coolers with sensors which leverage on the Internet […]

Mauritius-based Dale Capital completes ZAR X listing for agricultural operations

MAURITIUS – Dale Capital, a private equity investment holding company and Mauritius-listed private equity investment holding company, has completed an inward listing on the ZAR X, seeking to raise US$2m (R15m) to invest in high-technology […]

Coca-Cola European Partners acquires minority stakes in two delivery start-ups

EUROPE – Coca-Cola European Partners (CCEP), through its innovation investment fund CCEP Ventures, has invested in two delivery startups in a bid to explore use of intelligent systems in strengthening its supply chain capabilities. CCEP […]

TruTag raises US$7.5m in funding to commercialize its edible barcodes solutions

USA – TruTag Technologies, a company that develops microscopic, edible barcodes to authenticate food and medications has raised US$7.5 million in its series C funding round. TruTag said that the funding will be used to […]

Raw Seafoods partners with IBM to improve seafood safety through blockchain

USA – Massachusetts based seafoods company, Raw Seafoods Inc has partnered with leading technology solution provider, IBM to explore the use of blockchain technology in improving food safety along the seafood value chain. Starting with […]

KEPHIS and KALRO embark on promoting modern agriculture technologies

KENYA – The Kenya Plant Health Inspectorate Service (KEPHIS) and Kenya Agricultural and Livestock Research Organization (KALRO) have embarked on promoting new farming technologies aimed at increasing agricultural productivity in the country. The government institutions […]

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 […]

OpenSC raises US$4m to advance traceability technology in the food industry

AUSTRALIA – Impact investor, OpenSC has raised US$4 million in seed funding to further the development of its digital platform, which leverages blockchain and other technologies for tracking food and food products. Following a successful […]

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 […]

Israel’s food majors Tnuva and Tempo back US$283m foodtech initiative

ISRAEL – Tnuva, Israel’s largest food manufacturer has joined forces with leading beverage company, Tempo Beverages and global agrifood investment leader Finistere Ventures in the launch of NIS1bn (US$283m) “Fresh Start” FoodTech Incubator. The FoodTech […]