Yesterday we introduced a special report on inclusive agriculture with the Initiative for Smallholder Finance (see, “Smallholder farmers are investable”) and called on readers to share smallholder ag deals we might have missed.
A peek at our inbox: Novastar’s $80 million venture fund for East African entrepreneurs has invested in iProcure’s Series A round. iProcure is an online and mobile platform that connects small farmers with equipment, fertilizer and other suppliers.
EM3, a pay-per-use provider of farm services in India, raised $10 million from the London-based Global Innovation Fund and Aspada, a Soros Economic Development Fund-backed investment firm. EM3 helps farmers with everything from planting preparation to post-harvest field management.
Innovare Advisors has launched a $25 million loan fund to help small and medium-sized agribusinesses in Africa purchase equipment on a “lease-to-own” basis.
Are we missing your inclusive ag deals? Please send to [email protected].
