Ghanaian agritech startup, Complete Farmer, has recently secured an impressive $10.4 million in pre-Series A funding. This funding consists of $7 million in equity and $3.4 million in debt, marking a significant milestone in their journey to streamline operations.
Leading the equity portion of this funding round are the Acumen Resilient Agriculture Fund (ARAF) and Alitheia Capital, in partnership with Goodwell Investments through its uMunthu II Fund. Additionally, Proparco, Newton Partners, and VestedWorld Rising Star Fund have also participated in this exciting venture.
For debt financing, Complete Farmer has garnered support from Sahel Capital’s SEFAA (Social Enterprise Fund for Agriculture in Africa) Fund, Alpha Mundi Group’s Alpha Jiri Investment Fund, and Global Social Impact Investments.
Since its establishment in 2017 by CEO Desmond Koney, Complete Farmer’s mission has been to transform agricultural practices across Africa. They are committed to enhancing efficiency throughout the entire agriculture value chain by building essential physical and technical infrastructure.
