Farmshine Recieves 250 000 From Gray Matters Capital
Farmshine teaches farmers climate-smart agriculture techniques and helping them secure higher contract prices for their produce and has received funding of USD 250,000 from the US-based impact investor Gray Matters Capital’s which will aid in the hiring and training of field agents, and to further develop the platform to connect the agriculture ecosystem. The funding marks the second investment by the impact investor in the agri-tech space in Kenya after previously funding B2B start-up Taimba in July this year as the fifth African start-up added to its portfolio which includes Rwanda’s ARED, Ghana’s Redbird Health Tech and Nigeria’s Sonocare in the last two years....