Ghanaian Agri-Tech Startup Oyster Agribusiness Raises $310K in Funding to Scale Its Innovative Agricultural Solutions
Ghana’s Oyster Agribusiness, an agricultural enterprise that employs significant levels of tech and works closely with smallholder farmers, has raised US$310,000 in grant and debt funding to propel its mission of sustainable agriculture, gender inclusion, and talent management.
Founded in 2018, Oyster Agribusiness is dedicated to empowering smallholder farmers through the provision of sustainable inputs, improved agronomic practices, and a reliable market for their produce. It does this using tech to power its input distributions and yield, as well as utilising seeders for planting and drones for spraying.
The company, which already works with 3,000 smallholder farmers, has recently secured a total of US$310,000 in debt and grant funding, which it will use to expand its operations.
Oyster’s debt capital comes from Root Capital, a non-profit lender committed to fostering resilience and prosperity in rural communities, while the startup has also received two grants totalling a further US$10,000.
“We are deeply grateful to Root Capital, our partners, and the grant providers for recognising the value of our work and the potential of smallholder farmers,” said Edmond Kombat, founder and CEO of Oyster Agribusiness. “This funding will enable us to expand our reach, strengthen our gender inclusion initiatives, and invest in our exceptional team, driving us closer to our vision of a thriving, sustainable agricultural sector.”
Source: Disrupt Africa
Checkout our FundraiserCRM
FundraiserCRM, by GetFundedAfrica, is your ultimate solution for finding investors and securing venture capital funding for your business. With Investor Finder, you can significantly increase your chances of long-term growth by expanding your investor network.
Key Features:
How It Works:
FundraiserCRM operates through three simple steps:
Sign up: Get started by signing up for a free trial. No credit card is required for the trial period.
Find Investors: Use powerful AI algorithms to discover potential investors that align with your business goals and objectives.
Manage and Engage: Once you’ve identified suitable investors, connect and interact with them directly through the platform. Manage your relationships and track your progress towards securing funding.
Pricing: FundraiserCRM offers a free trial with limited access to investors. For detailed pricing information and to explore the full features, please visit the GetFundedAfrica website or contact their sales team.
It’s time to accelerate your fundraising journey and propel your business forward. Sign up now for a free trial of FundraiserCRM No credit card is required! Don’t wait; seize this opportunity and unlock the path to success.
Click here to get started and revolutionise your investor network: www.getfundedafrica.com/investor-finder
