Apollo Agriculture

About

Apollo Agriculture is an agtech company that helps small-scale farmers access markets, financing, and inputs.

Nairobi,Nairobi Area,Kenya
251 - 500
https://apolloagriculture.com

Highlights

Details

Last Funding Type: Series B
Last Funding Money Raised: $40M
Industries: Agriculture,AgTech,Farmers Market,Farming,Financial Services
Founded date: Jan 1, 2016
Number Of Employee: 251 - 500
Operating Status: Active
Legal Name: Apollo Agriculture, Inc.

Apollo helps farmers in emerging markets maximize their profits. The company uses agronomic machine learning, remote sensing, and mobile phones to deliver a customized package of credit, high-quality farm inputs, and advice that can double farm yields, starting in Kenya. Apollo assesses farmer credit risk and customizes each package to a farmer's specific location using satellite data, soil data, farmer behavior data, and crop yield models.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

10

$61.16M Sh50M

Apollo Agriculture has raised a total of $61.16M Sh50M in funding over 2 rounds. Their latest funding was raised on Mar 21, 2022 from a Series B round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Mar 21, 2022	Series B	$40M	11	SoftBank Vision Fund	—	Detail
Dec 13, 2021	Debt Financing	$9.50M	1	U.S. International Development Finance Corp	—	Detail
Jun 21, 2021	Debt Financing	$1M	1	Agri-Business Capital Fund (ABC Fund)	—	Detail
Dec 3, 2020	Series Unknown	$3.57M	—	—	—	Detail
May 20, 2020	Series A	$6M	8	Anthemis Group	—	Detail

Investors

Number of Lead Investors

Number of Investors

7

26

Apollo Agriculture is funded by 26 investors. SoftBank Vision Fund and U.S. International Development Finance Corp are the most recent investors.

Investor Name	Lead Investor	Funding Round
SoftBank Vision Fund	Yes	Series B
U.S. International Development Finance Corp	Yes	Debt Financing
Agri-Business Capital Fund (ABC Fund)	Yes	Debt Financing
Anthemis Group	Yes	Series A
Mastercard Foundation Fund for Rural Prosperity	Yes	Grant
FMO	Yes	Debt Financing
Rabobank	Yes	Debt Financing
Anthemis Exponential Ventures	—	Series B
Bossanova Investimentos	—	Series B
Breyer Capital	—	Series B