July 25, 2019 IBOMLLC Team

Kenyan B2B Agri-Tech Start-Up Taimba Gets $ 100K in Funding from Gray Matters Capital’s coLABS

Innov8tiv
Innov8tiv – Blacks In Technology in USA, UK, Caribbean Islands & Africa

To use the funding to strengthen its infrastructure and increase delivery logistics to cater to 6 new markets in Nairobi

Better prices for the produce of Kenya’s women farmers and time, cost and financing advantages to women retail green grocers are key factors behind the coLABS funding

NAIROBI (Kenya) 25thth July, 2019: US based impact investor Gray Matters Capital has today announced that it has funded Taimba, a Nairobi based B2B Agri-Tech start-up that runs a mobile-based cashless platform connecting rural small scale farmers to urban retailers under its gender lens portfolio – GMC coLABS to the tune of US$100,000.

Taimba sources agricultural products directly from the rural small-scale farmers and delivers directly to informal green grocers, schools, hospitals and restaurants within Nairobi, thereby removing the middlemen and shrinking the agricultural value chain.

It currently has over 2,000 farmers in its portfolio and engages with 15 farmer SACCOs (Savings and Credit Co-operatives) selling produce such as potatoes, tomatoes, cabbages and carrots on one side and 310 customers on the other comprising informal green grocers …read more

Read more here:: Kenyan B2B Agri-Tech Start-Up Taimba Gets $ 100K in Funding from Gray Matters Capital’s coLABS

      

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