# Degas

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/degas

- Industry: Financial Services
- Headquarters: Tokyo, Japan
- Website: www.degasafrica.com/
- Total disclosed funding: $2.3M
- Latest round: Seed (Nov 2, 2020)
- Investors on record: 2

## About

Based in Tokyo, Japan, and founded in 2019 by CEO Doga Makiura, Degas Ltd. operates as a provider of agricultural financing solutions intended at improving productivity and income for farmers in Sub-Saharan Africa, with a focus on sustainable agriculture practices. In August 2024, Degas Ltd. raised an undisclosed amount of venture funding from Sojitz Corporation.

The company provides a wide range of agri-fintech services, such as farmer financing, regenerative agriculture solutions, and access to carbon markets. Moreover, Degas Ltd. provides farmers with inputs, training, and digital tools to increase productivity. The firm also uses AI and machine learning to improve operational efficiency, including farm monitoring and yield prediction, while enabling farmers to repay loans through portions of their agricultural outputs. Additionally, the firm provides services such as digital measurement, reporting, and verification (D-MRV) for carbon finance projects.

The company plans to use its proceeds from August 2024 funding to strengthen agricultural DX in Africa using satellite imagery and AI, improving crop predictions and climate analysis.

## Funding rounds

- Seed, Nov 2, 2020, $2.3M — Primal Capital, Akatsuki Ventures

## Investors

- Primal Capital — Seed
- Akatsuki Ventures (https://capitalatlas.ai/funds/akatsuki-ventures) — Seed