Total amount raised
Latest funding date
Location
Apollo Agriculture has successfully raised significant funding to support its mission of empowering small-scale farmers with financing, training, quality farming inputs, and insurance. The company is dedicated to helping farmers achieve more profitable harvests and fostering sustainable livelihoods.
Keep reading to explore the intricacies of Apollo Agriculture's fundraising journey and the investors backing this impactful platform.
What Is Apollo Agriculture?
Apollo Agriculture operates within the agriculture industry, focusing on empowering small-scale farmers. The company provides a comprehensive suite of services, including financing, training, quality farming inputs, and insurance, to help farmers achieve more profitable harvests and sustainable livelihoods.
Founded by Benjamin Njenga, Apollo Agriculture is dedicated to improving the lives of farmers by offering best-in-class agricultural solutions. The company emphasizes a culture that supports work-life balance and adaptation to climate change.
How Much Funding Has Apollo Agriculture Raised?
- Seed Round
- Amount Raised: $500,000
- Date: January 2017
- Lead Investors: Accion Venture Lab
- Series A
- Amount Raised: $6,000,000
- Date: March 2019
- Lead Investors: Anthemis Exponential Ventures
- Series B
- Amount Raised: $20,000,000
- Date: October 2021
- Lead Investors: SoftBank Vision Fund 2
Apollo Agriculture has raised a total of $26,500,000 in funding.
Key Investors
- Accion Venture Lab
- Details: Accion Venture Lab is an investment initiative that supports innovative startups focused on financial inclusion. They provide capital and support to early-stage companies that aim to improve access to financial services for underserved populations.
- Investment Focus Areas: Financial inclusion, fintech, microfinance
- Notable Investments: Konfio, Tienda Pago, Destacame
- Anthemis Exponential Ventures
- Details: Anthemis Exponential Ventures is a venture capital firm that invests in early-stage companies in the financial services sector. They focus on businesses that leverage technology to create innovative financial solutions.
- Investment Focus Areas: Fintech, insurtech, regtech
- Notable Investments: Betterment, eToro, Simple
- SoftBank Vision Fund 2
- Details: SoftBank Vision Fund 2 is a global investment fund that focuses on technology-driven companies. They aim to support businesses that are poised to drive the next wave of innovation and growth.
- Investment Focus Areas: Artificial intelligence, robotics, IoT, fintech, healthcare
- Notable Investments: DoorDash, Grab, WeWork
- TLcom Capital
- Details: TLcom Capital is a venture capital firm that invests in technology and innovation-driven companies in Africa and Europe. They focus on businesses that have the potential to scale and create significant impact.
- Investment Focus Areas: Technology, agriculture, education, healthcare
- Notable Investments: Andela, Twiga Foods, Kobo360
- Flourish Ventures
- Details: Flourish Ventures is a global venture capital firm that invests in entrepreneurs whose innovations advance financial health and economic opportunity. They support companies that create scalable solutions for underserved communities.
- Investment Focus Areas: Fintech, insurtech, regtech, digital banking
- Notable Investments: Chime, Aspiration, Kin Insurance
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