- It is impossible to stress how negatively climate change is affecting rain patterns, and we think Stable Foods’ Irrigation-as-a-Service solution is a game-changer for the industry.
Stable Foods, a portfolio organization of Pyramidia Ventures, an agri-food supply venture studio. Stable Foods has created an all-inclusive solution that consists of irrigation-as-a-service (IaaS), the availability of inputs and offtake contracts, and training on best practices for regenerative agriculture.
Smallholder farmers can layer solutions as necessary by choosing from a menu of services that are available to them.
By the end of 2023, Stable Foods’ proof of concept will have been implemented by 500 farmers thanks to support of US$600,000 from Mercy Corps Ventures and Acumen Resilient Agriculture Fund (ARAF).
According to Ruth Bertens, founder and managing partner of Pyramidia Ventures, “We are happy with this round of funding in our very first initiative coming out of the studio.
The missions of ARAF and Mercy Corps Ventures are perfectly aligned, and we are so pleased of the entire Stable Foods team for securing such excellent partners.”
According to Tamer El Raghy, general director of ARAF, “Stable Foods is another fantastic addition to ARAF’s portfolio firms where we invest in new business models that assist smallholder farmers adapt to climate change.”