AGFUNDER INC.
Status: Approved investmentWhy disclosure?
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Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer?
AgFunder News (AFN) is a news site dedicated to publishing daily, original news about the burgeoning foodtech and agtech (?agrifoodtech?) startup and venture capital industry. AFN is a division within AgFunder Inc. that is launching the Africa-focused site for coverage of the agrifoodtech venture capital and investment sector, focusing on tech innovations and investments designed on and for the pan-African agriculture sector.
What is our funding objective?
The aim of funding the news platform is to promote the African agrifood sector and build a more cohesive ecosystem to onboard more investments and technologies across Africa. With this funding AFN will build a dedicated Africa content channel that complements its existing global and regional agrifoodtech investment news and research platforms by 1) developing and publishing investment research reports, ecosystem maps and useful agrifoodtech and funding guides for Africa?s regional ecosystem and 2) increasing dedicated reporting and coverage of African agtech through a network of local journalists and content partnerships with ecosystem peers.
Why do we fund this investment?
To provide news coverage, reporting and data collection on African agriculture and food technologies (agrifoodtech) to a global audience in the hope of building a cohesive African agribusiness ecosystem by bringing more investment to the sector and driving adoption of promising technologies across the continent.
More investments
| Date | Total FMO financing |
|---|---|
| 9/18/2023 | EUR 0.04 MLN |
- Website customer/investment
- https://agfundernews.com/about
- Region
- Africa
- Country
- Africa
- Sector
- Agribusiness, Food & Forestry
- Effective date
- 7/23/2021
- Total FMO financing
- EUR 0.05 MLN
- Funding
- Building Prospects