Komaza is a tech-driven sustainable forestry company based in Kenya, revolutionizing the wood industry in Africa with its innovative farmer platform. By combining high-scale operations with digital intelligence, Komaza aims to unlock the potential for small-scale farmers to cater to the booming wood markets on the continent. The company has made significant strides, currently planting commercial-grade forests at a rate of over 1 million trees per year and expanding its farmer-base by 5,000+. As of now, Komaza has planted over 7 million trees with 22,000 farmers, establishing itself as Kenya’s largest industrial tree planter. This is particularly crucial as it addresses Africa’s $30B wood supply crisis. Notably, the company has garnered recognition with several awards and investments, including support from The Climate Policy Initiative, The Nature Conservancy, Forbes, and Novastar Ventures. The latest milestone for Komaza was a $10.00M Venture Round investment on 01 March 2022, with backing from the Sobrato Family Foundation and Mitsui & Co. With its impressive impact on the African forestry industry and strong financial backing, Komaza is well-positioned for further growth and success.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | $10.00M | 2 | Sobrato Family Foundation, Mitsui & Co | 01 Mar 2022 |
Debt Financing | $10.00M | 2 | Sobrato Family Foundation, Mitsui & Co | 12 Jan 2022 |
Series B | $28.00M | 5 | AXA Investment Managers | 14 Jul 2020 |
Series A | $9.91M | 7 | Mulago Foundation, Kiva | 29 Nov 2017 |
Venture Round | Unknown | 1 | 01 Mar 2015 |
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