Endeavor Catalyst to help founders of Kenyan and Nigerian startups to scale operations

NIGERIA/KENYA – Endeavor catalyst, an innovative co-investment vehicle has accepted the founders of Kenya’s Apollo Agriculture and Nigeria’s 54gene into its global network of entrepreneurs. The founders of the two startups are expected to gain access to various support services to help their companies scale. The Endeavor initiative works to catalyse long-term economic growth by selecting, mentoring, and accelerating the best high-impact entrepreneurs worldwide. The initiative has accepted a host of African entrepreneurs into its network in recent years, most recently at the end of May. At its recent seventh…

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Kenyan agri-tech start-up raises US$6m in Series A funding round led by Anthemis

KENYA – Kenyan agri-tech startup Apollo Agriculture has raised US$6 million in Series A funding round led by Anthemis Exponential Ventures, with participation from Leaps by Bayer, Flourish Ventures, Sage Hill Capital, To Ventures Food, Accion Venture Lab and Newid Capital, among others. The funding will enable the commercial farming platform to scale up its partnership with more farmers, expanding its product offerings and growing its team especially during the current COVID-19 epidemic where health risks, supply chain disruptions and reduced mobility threaten food security for millions globally. “We are incredibly…

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