Amount Raised
$9.5 Million
LondonFarmingInvestors
Idh Farmfit FundAg Dev Co
Description
Hatch Africa raised $9.5M in funding to scale its innovative business model to millions more smallholder farmer households. The investment into Flow Equity Africa Ventures (FEAV), the holding company for Hatch’s operations in Kenya, Ghana, and Cote d’Ivoire, will grow its impact six-fold by 2030, increasing the number of chickens sold annually from 45 million to 340 million.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers