South Africa’s Khula Closes USD 1.3 Mn Seed Round

South African agritech startup Khula has announced the close of a USD 1.3 M seed round to scale its software-for-agriculture platform. AECI led the funding round with participation from South African impact investor E Squared Investments.

Khula provides small-scale and commercial size farmers with software and a marketplace to grow their business. Khula’s business-to-business (B2B) marketplace helps small-scale farmers to bring their products to formal markets by offering them cost-effective logistics services.