Kenya’s SunCulture raised $27.5 M in oversubscribed Series B funding round

Kenya’s SunCulture, which offers smallholder farmers agricultural technology and solar-powered irrigation systems, has completed a US $27.5 million Series B funding round to support its expansion and create new goods.

With the use of climate technology, funding, and an online marketplace, SunCulture assists smallholder farmers in producing more food. The company’s solar-powered water pumps and irrigation systems have revolutionized smallholder farming in Sub-Saharan Africa, giving them access to water, cutting labor costs, and raising crop yields. It holds a market share of more than 50% for solar irrigation systems for smallholder farmers.

Along with follow-on investment from EDF Group, Equator, and the Acumen Resilience Agriculture Fund (ARAF), the US $27.5 million Series B funding round drew in a wide array of international investors, including Reed Hastings, InfraCo Africa Limited, Acumen Fund, The Schmidt Family Foundation, and others.

With this investment, SunCulture will be able to grow even more, expanding its product line, breaking into new markets, and developing its technology platform—which is intended to boost the productivity of smallholder farmers and their ability to withstand the effects of climate change.

“Today marks a pivotal moment for SunCulture, our dedicated team, and the farmers we serve,” said Samir Ibrahim, CEO and co-founder of SunCulture. “This investment is a testament to the hard work and dedication of our team, and it reinforces our mission to make farming more profitable, sustainable, and environmentally friendly. With this new funding, we are set to accelerate our impact, bringing our life-changing technology to even more farmers around the world.”