Fidesagro raises Series A

"This funding isn't just about capital; it's about the conviction that technology can build a more resilient Africa."

Fidesagro is proud to announce the successful closing of a $12M Series A funding round led by GreenFuture Ventures, with participation from several global impact investors. This significant milestone marks the beginning of a new chapter in our mission to bring financial security to millions of smallholder farmers.

Expanding the Horizon

The new capital will primarily be used to fuel our expansion into Tanzania and Uganda, where over 70% of the population relies on agriculture for their livelihood. We're currently establishing local operations and hiring key talent in Dar es Salaam and Kampala to provide on-the-ground support for our growing network of partners.

Beyond geographic expansion, the funds will also support the development of new insurance products covering a wider range of crops, including coffee and cocoa, which are vital to the East African economy.