Funding roundConvertible Note
InspiraFarms Cooling Convertible Note
InspiraFarms Cooling raised $1.1M in a Convertible Note led by Clean Energy and Energy Inclusion for Africa, with KawiSafi Ventures and Factor[e] Ventures participating. It was announced on 23 January 2024.
- Amount raised
- $1.1M
- €1M in local currency
- Announced
- 2 years ago
- Investors
- 3
- 1 lead · 2 participating
Investors in InspiraFarms Cooling's Convertible Note3
Lead
- Clean Energy and Energy Inclusion for AfricaLeadProfile of Clean Energy and Energy Inclusion for Africa →
Private Equity
Participating
- KawiSafi VenturesParticipatingProfile of KawiSafi Ventures →
Venture Capital
- Factor[e] VenturesParticipatingProfile of Factor[e] Ventures →
Venture Capital
About this round
Julian Mitchell, the CEO of InspiraFarms, said: “We are delighted to welcome CEI Africa on board as an investor in InspiraFarms Cooling. Their capital will enable us to continue our mission of making cooling solutions more accessible to agribusinesses of all sizes. Access to quality cooling is fundamental for clients to reduce post-harvest losses, and sell more, at better prices, with lower costs, bringing both economic and climate benefits. Moving forward, our focus will remain on designing, developing, installing, servicing, and financing energy-efficient cooling. This support from CEI and existing investors KawiSafi and Factor[E] reflects a shared commitment to sustainable impact within the fresh produce industry.”
Sources for this round1
Frequently asked about InspiraFarms Cooling's Convertible Note
- How much did InspiraFarms Cooling raise in its Convertible Note?
- $1.1M, announced on 23 January 2024.
- Who led InspiraFarms Cooling's Convertible Note?
- Clean Energy and Energy Inclusion for Africa led the round.
- Who invested in InspiraFarms Cooling's Convertible Note?
- 3 investors are named for this round: Clean Energy and Energy Inclusion for Africa (lead), KawiSafi Ventures and Factor[e] Ventures.
