Kenyan Agritech FarmWorks Secures Funding
- FarmWorks Agriculture secures new equity financing from Truvalu Group.
- The startup raised USD 4.1 million in a pre-Series A round in 2023.
- Funding led by Acumen Resilient Agriculture Fund and Livelihood Impact Fund.
The funding secured by FarmWorks Agriculture is a significant step towards improving agricultural productivity in Africa. The collaboration with smallholder farmers and the establishment of mid-sized farm clusters could serve as a model for sustainable agricultural practices in the region. Continued investment in agritech is crucial for addressing food security and enhancing market access for farmers.
