Farm to Feed secures €150,000 from Proparco
The Kenyan agritech company will strengthen its platform, operations and farmer network.
Proparco has provided €150,000 in financing to Farm to Feed, supporting the Kenyan company’s work to connect smallholder farmers with reliable produce buyers. Proparco classifies the transaction as a loan.
The funding will help improve its technology, build operational capacity and expand the farmer network. It will also support products that make more of each harvest saleable, including surplus and imperfect produce.
The expansion builds on a business serving more than 160 commercial and institutional customers, according to Proparco. Connecting those buyers’ requirements with farm supply is intended to reduce unsold crops and make purchasing more predictable.
Use of funds
Strengthen the technology platform
Expand operational capacity and farmer network
Develop value-added produce products