Kenyan agri-tech startup Farm to Feed, which has developed a B2B platform that connects surplus produce with new uses, has raised an undisclosed amount of funding from Renew Capital to help it scale.
Founded in 2020, Farm to Feed aims to reduce food loss by aggregating and creating a new market for imperfect or surplus produce. The startup’s tech-enabled platform aggregates supply and demand, optimises logistics, and provides seamless 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.
Founded by Matt and Laura Davis in 2012, Renew Capital is a pan-African investment firm that manages investments for a global network of HNIs, foundations and family offices seeking financial returns and sustainable social impact.
Disrupt Africa reported in February the firm had launched a new pan-African tech fund to back innovative founders building world-class companies on the continent.
“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.”
Source: disruptafrica.com
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