Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Capital on the Frontier Measure Better Investing in Racial Equity Beyond Trade-offs Impact en las Americas New Revivalists
Local and Inclusive Climate Finance Catalytic Capital Frontier Finance Best Practices Geographies
Slack Agent of Impact Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Locavesting Entrepreneurship Gender Smart Return on Inclusion Good Jobs Creative economy Opportunity Zones Investing in place Housing New Schooled Well Being People on the Move Faith and investing Inclusive Fintech
Clean Energy Farmer Finance Soil Wealth Conservation Finance Financing Fish
Innovative Finance
Personal Finance Impact Management
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States
Subscribe Log In

Twiga raises $5 million and gives early investors a partial exit

ImpactAlpha, June 18 – Logistics company Twiga Foods is working to improve food pricing and supply chain transparency in Kenya by connecting Kenya’s farmers directly to informal produce vendors, who sell most of the country’s fresh fruits and vegetables. Since launching in 2014, Twiga has built a network of 17,000 farmers and 2,500 retailers with whom it works daily.

The company has now secured $5 million from French family office Creadev. The round brings Twiga’s total funding to more than $35 million since it launched in 2014. Creadev’s investment gives partial exits to a number of Twiga’s early investors, including Blue Haven Ventures and Omidyar Network.

Expect to see Twiga’s growth escalate from here on, as it eyes international expansion plans and moves on “a strategy to accommodate later stage and longer-term investors,” a company statement says.

You might also like...