South African firm Founders Factory Africa has secured a partnership with Small Foundation to help scale-up 18 agrictech startups.
With agriculture the mainstay of most Africans – particularly for rural dwellers – it is believed that supporting agric startups with the right business masterplans and market access will impact rural livelihoods.
Founders Factory Africa has invested in and supported more than 23 ventures, which collectively have raised over US$7 million following their time in the programme.
“The partnership stands to make a significant impact across the continent by supporting agritech startups who can innovate and improve the delivery of a range of services to smallholder farmers and micro, small and medium-sized enterprises in the agricultural sector.”
Founders Factory Africa
Launched in 2018, Founders Factory Africa is a unique bunch of creative builders, designers, entrepreneurs and mentors, who bring a wealth of knowledge and years of experience to the founders and teams they work with.