Kenya’s FarmWorks raises $4M pre-Series A funding

FarmWorks, a Kenyan agtech that provides farmers with access to farm inputs, and market for their produce, has raised $4.1 million in a pre-Series A round led by Acumen Resilient Agriculture Fund, an existing investor. Livelihood Impact Fund, Vested World, a number of family offices, and angel investors also participated in the round that brought the total equity funding raised by FarmWorks to $5.6 million.
FarmWorks CEO, Yi Li, who co-founded the startup with Peter Muthee in 2020, told TechCrunch that they will use the funding to strengthen their data analytics capabilities, and use AI to enh

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