Kenyan Agritech FarmWorks Secures Funding

Nairobi-based agriech startup FarmWorks Agriculture has raised new equity financing from Netherlands-based impact investor Truvalu Group. This follows the startup’s USD 4.1 M pre-Series A round in 2023, led by the Acumen Resilient Agriculture Fund, alongside Livelihood Impact Fund, Vested World, family offices, and angel investors.

Founded in 2020 by Yi Li and Peter Mwangi, FarmWorks is focused on unlocking Africa’s agricultural potential by building clusters of mid-sized farms and collaborating with thousands of smallholder farmers. The startup establishes direct linkages to both local and global markets, aiming to enhance productivity and market access for African farmers.