Project detail - MILAN INNOVINCY

MILAN INNOVINCY

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Who is our client

Milan Innovincy, a Dutch based technology company (to be incorporated) focusing on spatiotemporal computing.

Funding objective

The funding objective is to support KYP to roll out its digital plot creation technology and further develop products that link plot data to geo-data and make plot-data relevant for service providers such as plantation managers, agri input suppliers, banks, and insurance companies.

Why we fund this project

This project is aligned with FMO’s Seed MASSIF strategy, because KYP is an innovative market-based approach focused on smallholder farmers in Africa while using technology to increase food production and improve farm economics.

Website client
http://www.m-innovincy.com
Region
Africa
Country
Rwanda
Sector
Agribusiness, Food & Water
Signing date
5/24/2018
Total FMO financing
EUR 0.50 MLN
Fund
MASSIF
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk Environmental & Social Category
(A, B+, B or C)