Apollo Agriculture is a technology company that provides smallholder farmers across Africa with high-quality farm inputs, data-driven insurance, and financing solutions to increase their yields and profits. The company leverages machine learning, remote sensing, and novel data science techniques to serve farmers previously underserved by traditional financial institutions.

Apollo Agriculture

Apollo helps farmers in emerging markets increase their profits. We use agronomic machine learning, remote sensing, and mobile technology to help farmers access credit, high-quality farm inputs, and customized advice. Our first product is a customized package of farm inputs, farming advice, and credit delivered to farmers in Kenya.

Agri-Business Capital Fund (ABC Fund)

Rabobank

Mastercard Foundation Fund for Rural Prosperity

Factor[e] Ventures

Accion Venture Lab

Musha Ventures

Anthemis

Leaps by Bayer

Flourish Ventures

Yara Growth Ventures

Anthemis Exponential Ventures

SoftBank Vision Fund

TO Ventures

TO Ventures Food

Endeavor Catalyst

Bossanova Investimentos

Breyer Capital

CDC Group

Ceniarth

Chan Zuckerberg Initiative

SBI Investment


🌱 Exciting News Alert! 🌱  

Our co-founder, Ben, recently shared insightful perspectives on streamlining financing for sustainable agriculture in Kenya during an exclusive interview with CNBC Africa, captured below.

🗓  This interview sets the stage for Ben’s upcoming participation in the Financing Agriculture Sustainably Conference  (FINAS 2024 https://finas.rootooba.com) happening 27th + 28th of March. At the conference, Ben will dive deeper into innovative financing strategies that promote sustainability in agriculture, contributing to the ongoing dialogue on shaping the future of farming practices.

Stay tuned for more updates from the conference and join us in supporting Ben as he continues to drive positive change in agriculture! ⭐ 

https://lnkd.in/e4D3xfsg


🚀  Apollo Agriculture is proud to announce a $10 million investment from Swedfund and ImpactConnect (implemented by DEG). This collaboration is a significant milestone, and puts us in a strong position to continue our rapid growth towards our mission of helping small-scale farmers earn more money and farm more sustainably.

🌱 Apollo Agriculture uses machine learning and automated operations to serve small-scale farmers scalably and profitably, and has already served over 350,000 small-scale farmers in Kenya and Zambia. The $10 million debt investment will fuel our expansion in Kenya, enabling more farmers to thrive, adapt to climate change, and feed their communities 🌍 

🤝 We are humbled by the trust placed in our vision by these two premier European investors and energized for the journey ahead! This strong backing in a complex macro environment strengthens our mission to continue investing in farmers, at scale 🌱 

#Agriculture #FoodSecurity #Farmers #Kenya #SustainableAgriculture #ApolloAgriculture



Apollo Agriculture is excited to announce a powerful partnership with the Africa Fertilizer Financing Mechanism (AFFM) that gives a huge boost to our mission of empowering small-scale farmers in Kenya to maximize their profits and bring food security to Africa.

🌍  The $2.2 million trade credit guarantee and technical assistance program is a strong validation of Apollo's data and tech-driven approach to delivering inputs, credit, insurance and advisory. This partnership aims to improve access to fertilizer, boost food production, increase income, and create jobs - perfectly aligned with Apollo Agriculture's core mission.

🚀  This alliance will empower us to distribute over 7,000 metric tons of fertilizers to more than 100,000 smallholder farmers in Kenya, through Apollo's extensive network of dedicated agents and agro-dealers. Our digital platform and mobile applications will play a pivotal role in ensuring easy access to essential farming inputs.

👩‍🌾  Together with AFFM, we are working hard to cultivate a brighter future for Kenyan agriculture and beyond. This collaboration embodies our vision of a world where farming can be a thriving enterprise for every agricultural household. 

We extend our heartfelt gratitude to the #AFFM team and @AFDB_Group for making this collaboration possible!#ApolloAgriculture #Agriculture #FoodSecurity #Farmers #Kenya #SustainableAgriculture #Partnership #Agtech #Fintech

Today, in Kisumu, near Lake Victoria in Kenya, Queen Máxima met with farmers who have been using a digital insurance product from an insurance technology company called Pula, shielding them from the unpredictable impacts of climate change and crop failure. Pula partners with an ag-tech company called Apollo to bundle insurance with crucial farming inputs like premium seeds and fertilizer available on credit. Using satellite information, these farmers can receive reliable estimates of income losses and immediate payouts in the event of crop damage.

The bundling of inclusive digital financial services and access to essential resources such as quality seeds and fertilizer can increase food and financial security for many. This is critical since only 5% of Kenyans experiencing a flood or drought report using financial services to address the shock. In contrast, 42% of Kenyans relied on informal sources or sold assets to manage climate shocks.

Photos: Patrick van Katwijk
#kenya #financialinclusion #IGF #inclusivegreenfinance #insurance #digital

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Apollo Agriculture

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