New AgTech funds database
A new comprehensive database of funds providing capital for AgTech companies is available on the new website of NpM, Platform for Inclusive Finance. The tool is based on the study “Critical Capital for African Agri-Food SMEs” and the list is expanded to include all of Africa and some Asian countries.
The funding gap for Small and Medium Enterprises (SMEs) in the agriculture sector is a major obstacle, whether it be early-stage companies or companies having initially benefitted from subsidies.
The database aims to facilitate the search for risk-bearing capital in the agriculture sector. The list builds on the “Critical Capital for African Agri-Food SMEs“ study authored by Bert van Manen, published in May 2018 by AgriProFocus, ICCO Cooperation and Rabo Foundation, and supported by the Food & Business Knowledge Platform (F&BKP).
At the request of and with support from the NSO – Netherlands Space Office, executing the Geodata for Agriculture and Water (G4AW) programme, NpM expanded the list to include funds for all of Africa and for a number of countries in Asia.
Users can navigate through the database by selecting fund size, geographical scope, investment size, and instruments. Additionally, it is possible to select whether the fund is a good fit for companies participating in the G4AW programme, whether the fund provides Business Development Services (BDS), and whether it considers itself an ‘impact investor’.