# AgroCenta (Holdings)

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/agrocenta-holdings

- Industry: Financial Services
- Headquarters: Port Louis, Mauritius
- Website: www.agrocenta.com
- Total disclosed funding: $1.9M
- Latest round: Seed (Jan 29, 2021)
- Investors on record: 7

## About

AgroCenta (Holdings) Limited, based in Mauritius, is a company focused on empowering smallholder farmers through innovative agricultural solutions and technology-driven platforms.Founded in 2015, AgroCenta (Holdings) Limited operates from Port Louis, Mauritius, providing a platform designed to enhance the inclusion of smallholder farmers in the agricultural value chain. The company has undertaken 3 deals, with the most recent funding round being a Seed round on January 29, 2021, where it raised USD 0.79 mn, with investors including AV Ventures, Foreign, Commonwealth and Development Office, Rabobank Group, and Shell Foundation. The CEO and co-founder, Francis Obirikorang, continues to lead the company.AgroCenta primarily offers a technology platform that connects smallholder farmers with market opportunities, ensuring they gain better access to resources and services. This platform facilitates transactions and provides essential support to enhance agricultural productivity and farmer incomes.The company generates revenue through its subscription-based services and transaction fees associated with the platform that supports smallholder farmers. Clients engage in financial agreements that involve accessing the platform for various services, ensuring tailored support for their operational needs.Following its recent Seed funding of USD 0.79 mn raised in January 2021, AgroCenta plans to further develop its platform aimed at improving smallholder farmer inclusion programs. The company intends to expand its services in the African agricultural market, targeting increased outreach by the end of 2023. The funding will be utilized to enhance the platform's capabilities and increase accessibility for farmers, thereby fostering agricultural development.

## Funding rounds

- Seed, Jan 29, 2021, $0.8M — Rabobank, Shell Foundation, AV Ventures, Foreign, Commonwealth and Development Office
- Seed, Dec 14, 2018, $0.7M — GSMA, Seedstars, NP Consulting
- Seed, Apr 13, 2018, $0.5M — Seedstars

## Investors

- Seedstars (https://capitalatlas.ai/funds/seedstars) — Seed
- GSMA — Seed
- NP Consulting — Seed
- Rabobank — Seed
- Shell Foundation — Seed
- AV Ventures (https://capitalatlas.ai/funds/av-ventures) — Seed
- Foreign, Commonwealth and Development Office — Seed