Emata
Africa can – and must – help cover our world's growing food needs. We invest in farmers and dare them to dream big.
Africa can – and must – help cover our world's growing food needs. We invest in farmers and dare them to dream big.
Emata is a Ugandan startup that aims to revolutionize the way smallholder farmers in Africa access financing. Founded in 2020, the company's slogan "Africa can – and must – help cover our world's growing food needs" reflects its commitment to empowering farmers and encouraging them to dream big. Emata focuses on Agriculture and Financial Services industries and has recently secured a significant $2.40M Seed Round investment on 14 September 2023 from a consortium of investors including Zephyr Acorn, Norrsken Impact Accelerator, The Draper Richards Kaplan Foundation, African Renaissance Partners, and Marcus Boström. The company's approach involves utilizing end-to-end digital processes, AI-powered alternative credit-scoring, and partnerships with agricultural intermediaries such as cooperatives and aggregators. As a licensed Microfinance Institution, Emata invites individuals to visit their offices in Kampala and Mbarara for a coffee and learn more about their innovative initiatives to empower farmers and drive agricultural transformation in Africa.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Seed Round | $2.40M | 5 |
|
14 Sep 2023 |
| Pre Seed Round | $125.00K | 1 |
|
07 Jun 2022 |
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