Kenyan Startup Secures $4M To Bridge Africa’s Environmental Data Gap Through AI And Satellite Tech
Kenya-based climate-tech startup Amini has raised $4 million in a seed funding round led by Salesforce Ventures and the Female Founders Fund.
Solving Africa’s Environmental Data Gap
Amini focuses on solving Africa’s environmental data gap through AI and satellite technology.
Founded by Kate Kallot, Amini has developed a holistic solution.
It utilizes AI and space technologies at scale to drive systemic change and promote economic inclusivity for farmers and supply chain resilience across Africa.
By fixing Africa’s data gap, they want to make it a more prosperous, equitable, and safe place to live.
“What we are building is going to make brands more accountable and to do what is right for the people, environment, and planet,” Kallot told TechCrunch.
“It will also help them measure progress against what they say they are doing or will do, but also in a way that shows the world that they are truly sustainable brands…and can prove it because they have the data to do so.”
$4 Million Funding
Amini’s successful raise follows a $2 million pre-seed funding round that closed in March 2023.
The proceeds of the latest raise will accelerate Amini’s growth into new sectors, including supporting some of the world’s largest food and beverage companies and consumer packaged goods producers.
This builds on the company’s initial success with corporations and multinationals in the agricultural and insurance industries, including Aon – a global professional services firm.
Kallot said Amini’s being at the forefront of enhancing transparency, data access, and greater economic inclusion for farmers is a “unique opportunity to kickstart positive feedback loops that will transform global food systems.
“It’s exactly the reason why we’re doing this. We’re trying to empower people and flip the narrative when it comes to Africa,” she said.
“We are thrilled to be working with Amini and believe that this technology offers new opportunities for corporates, farmers, and regulators as they try to close the loop around agricultural value chains,” said Aon’s Global Food, Agribusiness and Beverage Leader, Ciara Jackson, according to mystartupworld.
“Insurance is the seed of resilience, and we hope that the collaboration between Aon and Amini will create further opportunities to strengthen supply chains and accelerate our climate transition.”
