This archive report was first published on 6 December 2019.
Published on December 6, 2019, Farmshine, a Kenyan Agritech startup, has secured a significant funding boost of $250,000 (KSh 25.5 million) from Gray Matters Capital's gender lens sector-agnostic portfolio – GMC coLABS.
The funding will be used to hire and train personnel, including field agents, and further develop the platform to connect the agriculture ecosystem.
Founded to connect farmers with the information, suppliers, and service providers they need, Farmshine's platform enables smallholder farmers to aggregate and sell their harvests directly to large commodity companies.
Through its mobile app, farmers are offered clear, fair, and reliable contracts from legitimate buyers, ensuring full transparency among the parties.
