# Emata Uganda

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/emata-uganda

- Industry: Financial Services
- Headquarters: Kampala, Uganda
- Website: www.emata.ug
- Total disclosed funding: $0.8M
- Latest round: Seed (Sep 14, 2023)
- Investors on record: 4

## About

Founded in 2020 and based in Kampala, Uganda, Emata Uganda Limited operates as a provider of financial services solutions that enable farmers to borrow money to start agribusiness. Bram Willem van den Bosch (CEO) and Davis Agaba (CTO) are the co-founders of the company. In September 2023, Emata Uganda Limited raised USD 1.6 million in venture debt funding from investors. As of 2023, the company’s clients include Norad, SNV, the Government of the Netherlands, the Heifer Foundation, and PlugandPlay. Emata also has a presence in Mbarara.

The company manages a variety of operations, including collaborating with cooperatives and aggregators and providing them with a free management information system (MIS) to digitize their day-to-day operations; utilizing credit scoring algorithms to identify farmers and offer them loans tailored to their capabilities; and farmers receiving digital loans to invest in enhancing farm productivity. Emata collaborates with cooperatives and aggregators to increase volume, reduce side sales, and reward committed farmers.

The organization plans to use the September 2023 funding to support the expansion of its business reach.

## Funding rounds

- Seed, Sep 14, 2023, $0.8M — Zephyr Management, Draper Richards Kaplan Foundation, Norrsken VC, African Renaissance Ventures

## Investors

- Zephyr Management (https://capitalatlas.ai/funds/zephyr-management) — Seed
- Draper Richards Kaplan Foundation (https://capitalatlas.ai/funds/draper-richards-kaplan-foundation) — Seed
- Norrsken VC (https://capitalatlas.ai/funds/norrsken-vc) — Seed
- African Renaissance Ventures (https://capitalatlas.ai/funds/african-renaissance-ventures) — Seed