Emata offers digital, affordable loans to farmers so they can turn their farms into businesses. It partners with cooperatives and aggregators and uses their data for AI-powered alternative credit scoring. Here are details of Emata’s latest funding round :
Bram Willem van den Bosch, Davis Agaba, Patience Kunihira, Solomon Metta, Maren Hald Bjørgum
💸 Funding & Investors
- Investment (September 2023) : $2.4 million (Seed)
- Investors : Led by African Renaissance Partners, with by Norrsken Accelerator, Zephyr Acorn, angel investor Marcus Boström and the Draper Richards Kaplan Foundation.
🎯 Funding purpose
Expansion across East Africa.
🌐 Country HQ