Kenya’s Apollo Agriculture secures $500k growth funding

Apollo Agriculture supplies small Kenyan farmers with high-quality farming inputs on credit, crop insurance and voice-based training. The startup uses a unique ‘high tech, low touch’ model by leveraging advances in mobile money, machine learning and remote sensing technology including satellite data.

Apollo Agriculture has received a USD 250,000 convertible grant from FMO’s MASSIF Fund, which aims to take early high-investment risks and act as a catalyst for the growth of the private financial sector and financial inclusion in developing countries. The Rabobank Foundation has provided the start-up with a USD 250,000 loan.

Full article: Innovation Village



Print Friendly, PDF & Email