Breaking NewsGlobal Beehive

Kenyan B2B agri-tech startup Farm to Feed raised funding to help it scale

The B2B platform Farm to Feed has developed connects excess produce with new uses. Renew Capital has contributed an undisclosed amount of funding to Kenyan agri-tech startup Farm to Feed in order to help it scale.

Farm to Feed was established in 2020 with the goal of minimizing food waste by gathering and developing a new market for imperfect or excess produce. The tech-enabled platform of the startup optimises logistics, aggregates supply and demand, and facilitates smooth customer interaction.

“Our goal at Farm to Feed is to transform the way food is valued and utilised in Kenya. We’re dedicated to reducing the environmental footprint of agriculture, boosting farmer incomes and making nutritious food more accessible and affordable for all,” said Claire van Enk, managing director of Farm to Feed.

Renew Capital is a pan-African investment firm that was founded in 2012 by Matt and Laura Davis. It manages investments for a global network of HNIs, foundations, and family offices that are looking for both long-term financial returns and positive social impact.

In February, the media announced that the company had established a new pan-African tech fund to support creative entrepreneurs on the continent who are creating globally renowned businesses.

“Farm to Feed embodies the kind of innovative spirit and determination we value at Renew Capital,” said Esther Mwikali, Renew Capital’s investment and project manager for Kenya. “We’re committed to backing growth-oriented founders who possess a blend of skill, grit and passion. Farm to Feed’s work in transforming Kenya’s food system aligns perfectly with these values.”

 

 

Related Articles

Back to top button