Dealflow | August 9, 2021

South Africa’s Khula raises $1.4 million for farmer-focused marketplace

Jessica Pothering
ImpactAlpha Editor

Jessica Pothering

ImpactAlpha, August 9 – Johannesburg-based Khula is addressing inefficiencies in South Africa’s food chain by offering farmers access to financing, farming inputs and buyers. The company connects farmers with more than 86 suppliers offering 2,000 products, as well as financial services firms, storage facilities and crop advisors.

Its $1.4 million seed round was backed by South African impact fund E Squared and mining and agri-chemicals company AECI.