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 Measure Better Investing in Racial Equity Beyond Aid Beyond Trade-offs Impact en las Americas New Revivalists Women Rising in India Operation Impact
Smarter Money Women Rising 2030 Finance Locavesting Inclusive Economy Regeneration Impact Tech New Power Geographies
Slack Conference 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
Industry News Impact Management Good Business Personal Finance Faith and investing Billionaires
Gender Lens Investing Women Rising in India
SDGs Climate Finance Clean Energy Innovative Finance Full Stack Capital Long-termism
Opportunity Zones Investing in place
Entrepreneurship Return on Inclusion Good Jobs Inclusive Fintech Creative economy Housing New Schooled Well Being People on the Move
Conservation Finance Farmer Finance Financing Fish
Blockchain/AI/IoT Urban Tech Food Tech Inclusive Fintech
Human Rights Democracy and Peace News and Information
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States Growth Markets
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...