SunCulture Raises $27 Million in Series B Round From Investors Including Netflix Co-Founder
- SunCulture has raised $27 million in a Series B funding round, with investors including Reed Hastings and Eric Schmidt.
- The company supplies small solar-powered water pumps to small-scale farmers, improving irrigation and boosting yields.
- SunCulture plans to expand across Africa and offer additional farming services such as soil tests and insurance.
The success of SunCulture's funding round and their innovative approach to solar irrigation is a positive development for small-scale farmers in Africa. By providing affordable and sustainable solutions, SunCulture has the potential to significantly improve agricultural productivity and reduce vulnerability to dry weather. The company's expansion plans and focus on offering additional farming services further demonstrate their commitment to supporting farmers and driving positive change in the industry.
