12 African Agtech Startups That Raised Over $50M ,Funding Trends Reshaping Agriculture

Africa’s agriculture sector continues to attract bold innovation as startups tackle long-standing food and farming challenges. Over the past decade, entrepreneurs have built platforms that connect farmers to markets, digitise supply chains, and unlock financing for smallholders. As a result, the sector has drawn significant investor attention across the continent.

Business Insider Africa highlights 12 agtech startups that have raised more than $50 million between 2016 and 2025, based on data from Briter and AgBase. These companies focus on improving food distribution, boosting productivity, and strengthening agricultural systems.

However, investment momentum slowed in 2025. Funding dropped by nearly 20% to below $170 million, while deal volume declined by about 10%, according to the State of Agtech Investment in Africa 2025 report. Despite this dip, several startups still secured large capital injections, proving that investor confidence remains strong in scalable agricultural solutions.

These companies are not only raising funds but also transforming how food moves from farms to consumers.

Twiga Foods leads the pack with over $147 million raised. The company connects farmers directly to retailers through a digital marketplace. It removes middlemen, reduces costs, and ensures faster delivery of fresh produce across Kenya.

Wasoko follows closely with more than $143 million. The B2B platform enables informal retailers to order goods via mobile and access credit. Its merger with MaxAB has created a stronger pan-African supply chain network serving thousands of merchants.

MaxAB itself has raised $100 million. The Egyptian startup links manufacturers directly with retailers, improving efficiency and reducing supply chain bottlenecks. Its data tools also help businesses predict demand more accurately.

Gro Intelligence secured $85 million by leveraging AI and machine learning. The company provides deep insights into agriculture, climate, and market trends, helping governments and investors make informed decisions.

Apollo Agriculture has raised over $78 million to support smallholder farmers. It uses satellite data and machine learning to offer credit, farm inputs, and advisory services, boosting productivity and incomes.

SunCulture, with $76 million in funding, delivers solar-powered irrigation systems. Its pay-as-you-grow model allows farmers to access water solutions without heavy upfront costs, improving resilience to climate change.

ThriveAgric has attracted more than $68 million. The Nigerian startup connects farmers with financing, training, and markets while enabling investors to fund agricultural projects digitally.

Victory Farms raised $62 million by focusing on aquaculture. The company produces tilapia at scale and uses technology to manage feeding, harvesting, and distribution efficiently.

One Acre Fund secured over $57 million as a social enterprise. It provides seeds, fertiliser, and training to farmers on credit, helping them increase yields without upfront financial pressure.

Systema.bio has raised $56 million by promoting biodigester technology. Its solutions convert organic waste into clean energy and fertiliser, supporting sustainable farming practices.

Komaza, with $55 million in funding, enables farmers to grow trees commercially. Its model combines satellite tracking with training and market access, encouraging reforestation and income growth.

Breadfast rounds out the list with $50 million. The Egyptian startup operates a digital grocery platform that delivers fresh food and essentials, backed by its own supply chain infrastructure.

Together, these startups highlight the growing role of technology in Africa’s agricultural transformation. They address key issues such as food security, access to finance, and supply chain inefficiencies. Moreover, they continue to attract global investors seeking scalable solutions in emerging markets.

Although funding slowed in 2025, the long-term outlook remains promising. Innovation across agtech and foodtech sectors continues to evolve, positioning Africa as a critical hub for agricultural transformation in the years ahead.