Winich Farms Raises $3m
On Monday, Tekedia Capital will unveil a new class of startups - about 15 of them, as the next investment cycle begins. As we wait for that, I want to congratulate one of our portfolio startups, Winich Farms, for raising $3 million today:
"Winich Farms, a Nigerian Agtech startup making the supply chain of farm produce seamless for all stakeholders, has secured US$3 million in pre-series A funding to enhance its technology and optimize its operations. The round is a mix of equity and debt. The equity funding of US$2.5 million came from Acumen Resilient Agriculture Fund (a East and West Africa focused impact venture capital fund ), Climate Resilient Africa Fund, Marula Square, Plug and Play, and Tekedia Capital. Lagos-based Sahel Capital supplied the $590,000 debt funding."
Builders: continue to build...
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