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Kenya’s Pyramidia Ventures has successfully raised US$1.5 million to expand its growing portfolio of agri-tech startups, which are focused on delivering climate-smart solutions across Africa.
This latest funding round includes US$1.3 million in capital from the Dutch impact investor Triple Jump, alongside US$200,000 in technical assistance and business development support from the Dutch Good Growth Fund.
Tech Africa News reports that the firm was founded in 2021 by Ruth Bertens, a former McKinsey consultant, and Joseph Rehmann, the founder of the aquaculture firm Victory Farms.
Pyramidia Ventures was established with the mission to create and support startups addressing critical challenges related to food security, sustainability, and carbon reduction across the African continent.
The venture studio operates with the goal of accelerating innovative, scalable solutions to improve agricultural practices, ensure environmental sustainability, and mitigate climate change’s impact on farming communities.
The efforts of Pyramidia Ventures and similar organizations are helping to drive a transformative change in Africa’s agricultural landscape, where entrepreneurship and technological innovation are essential to building a more secure and sustainable food future.
The investment not only provides the necessary capital to scale these agri-tech startups but also reinforces the broader momentum in Africa’s agricultural sector, offering hope for the future of food security on the continent.
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