WeFarm, a London, UK-based agtech startup, raised £1.3M in seed funding.
The round was led by LocalGlobe.
The company intends to use the funds to expand adoption worldwide.
Launched in 2015 by CEO Kenny Ewan, WeFarm provides a peer-to-peer mobile network that enables small-scale farmers to access and share vital agricultural information and advice even without internet. By sending a free SMS, farmers can receive accurate answers to any agricultural queries. The service uses machine learning technology to connect incoming questions to those users on the system who have the most relevant knowledge.
Topics discussed on the network range from how to stop baby chicks from dying to where to find a market to sell onions.
The mobile platform is used by more than 100,000 farmers across Kenya, Uganda and Peru, with more signing up daily
The company has field presence in Nairobi, Lima and Kampala. , follow WeFarm on Twitter @we_farm and connect with WeFarm on Facebook and LinkedIn.
FinSMEs
25/11/2016