# Twiga Foods

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/twiga-foods

- Industry: Food
- Headquarters: Nairobi, Kenya
- Website: www.twiga.com
- Total disclosed funding: $97M
- Latest round: Series C (Nov 1, 2021)
- Investors on record: 16

## About

Based in Nairobi, Kenya and founded in 2014,  Twiga Foods Limited operates as a provider of a mobile-based supply platform that allows vendors to order supplies of bananas, pineapples, tomatoes, and others. Grant Brooke and Peter Njonjo was the founder of the company. In October 2020, Twiga Foods raised KES 3200 million (USD 30 million) of venture debt financing from IFC Venture Capital.

The company offers fresh fruits, vegetables, and processed foods from farmers and food manufacturers, which deliver directly to vendors or market. Twiga Foods Limited also offers cashless and business-to-business via web and mobile applications.

Twiga Foods Limited plans to expand into other cities throughout Kenya.

## Funding rounds

- Series C, Nov 1, 2021, $50M — Finnfund, TLcom Capital, Creadev, Endeavor Catalyst, DOB Equity, IFC Venture Capital, Juven
- Series C, Oct 28, 2019, $0M — TLcom Capital, Goldman Sachs Asset Management, Creadev, IFC Venture Capital
- Series B, Jun 13, 2019, $24M — TLcom Capital, Goldman Sachs Asset Management, Creadev, IFC Venture Capital
- Series B, Nov 15, 2018, $10M — TLcom Capital, Wamda Capital, DOB Equity, 1776, IFC Venture Capital
- Series B, Jul 2, 2018, $7M — International Finance Corporation, TLcom Capital
- Series A, Jul 30, 2017, $6.3M — AlphaMundi, Omidyar Network, Blue Haven Initiative, Wamda Capital, DOB Equity, 1776, Uqalo, AHL Venture Partners
- Seed, Dec 1, 2016 — 1776

## Investors

- 1776 (https://capitalatlas.ai/funds/1776) — Seed, Series A, Series B
- AlphaMundi (https://capitalatlas.ai/funds/alphamundi) — Series A
- Omidyar Network (https://capitalatlas.ai/funds/omidyar-network) — Series A
- Blue Haven Initiative — Series A
- Wamda Capital (https://capitalatlas.ai/funds/wamda-capital) — Series A, Series B
- DOB Equity (https://capitalatlas.ai/funds/dob-equity) — Series A, Series B, Series C
- Uqalo (https://capitalatlas.ai/funds/uqalo) — Series A
- AHL Venture Partners (https://capitalatlas.ai/funds/ahl-venture-partners) — Series A
- International Finance Corporation — Series B
- TLcom Capital (https://capitalatlas.ai/funds/tlcom-capital) — Series B, Series C
- IFC Venture Capital (https://capitalatlas.ai/funds/ifc-venture-capital) — Series B, Series C
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series B, Series C
- Creadev — Series B, Series C
- Finnfund — Series C
- Endeavor Catalyst (https://capitalatlas.ai/funds/endeavor-catalyst) — Series C
- Juven (https://capitalatlas.ai/funds/juven) — Series C