Kenyan startup Apollo Agriculture secures $6 mn in Series A funding
Kenyan agritech startup Apollo Agriculture has raised a $6 million Series A investment round.
May 25, 2020: Kenyan agritech startup Apollo Agriculture has raised a $6 million Series A investment round, led by Anthemis Exponential Ventures as reported by Venture Burn.
A number of other investors also took part in the round, including Leaps by Bayer, Flourish Ventures, Sage Hill Capital, To Ventures Food, Accion Venture Lab and Newid Capital, among others.
The Nairobi-based startup founded in 2016 by American Eli Pollak, Kenyan Benjamin Njenga and American Earl St Sauver runs a platform that helps smallholder farmers improve their profitability, from offering them financing and insurance, to farming products and advice.
According to Crunchbase data, the startup has previously received $1.6-million in funding through three investments.