Hatch Africa
OperatingHatch Africa is an Africa-centric poultry business targeting underserved rural households
- Farming
- Kigali, Rwanda
- Debt Financing
- Founded 2010
- hatchafrica.co ↗
- Total raised
- $9.5M
- disclosed
- Last round
- $9.5M
- Debt Financing
- Rounds
- 1
- since 2010
- Investors
- 2
- on record
- Employees
- 1,001-5,000
About Hatch Africa
Hatch Africa is an Africa-centric poultry business targeting underserved rural households. Hatch Africa is pioneering a new business model across sub-Saharan Africa to bring eggs and chickens to every household.
Hatch Africa works across six countries in sub-Saharan Africa: Ethiopia, Uganda, Rwanda, Kenya, Ghana and Ivory Coast. Hatch Africa aims to distribute one chicken per person per year in each of its markets, ensuring every family has enough affordable protein in the home. One egg per child per day has been shown to reduce the rate of stunting among children by 47%. Hatch Africa is working to make this a reality.
Over 85% of households in sub-Saharan Africa raise chickens at home, but struggle with low-yielding breeds and high mortality. Hatch Africa supplies small-scale producers with fully vaccinated, high-yielding, dual-purpose chickens that are tropically adapted, free-ranging, semi-scavenging, and thrive in village conditions.
Hatch Africa funding1 round
Hatch Africa has raised $9.5M across 1 disclosed round. The latest is a $9.5M Debt Financing announced 29 Jan 2024.
Who has invested in Hatch Africa
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 29 Jan 2024 | Hatch Africa Debt Financing | IDH +1 | $9.5M |
Hatch Africa founders & team
Full team →- Joseph ShieldsCo-Founder & Co-CEO
- Joseph ShieldsCo-Founder & Co-CEO
- Alice ChangMANAGING DIRECTOR, UGANDA AND RWANDA
- Alice ChangMANAGING DIRECTOR, UGANDA AND RWANDA
- Alice ChangMANAGING DIRECTOR, UGANDA AND RWANDA
- Angel ZhaoGroup CFO
Hatch Africa competitorssame sector · similar funding
- Kijenge Animal ProductsArusha, Tanzania
- Farm to FeedNairobi, Kenya
More Farming startups in Africa
- IPREN
IPREN empowers Sahel farmers with solar smart irrigation and digital tools for climate resilience. · Niger
- UfarmX
UfarmX utilizes blockchain and AI technologies to revolutionize agriculture by integrating supply chain management and data collection. · Nigeria
- FarmTrace
FarmTrace is providing producers with true cloud software to complement their operational requirements. · South Africa
- Grow For Me
Grow For Me is a Ghanaian web based Agricultural crowdfunding platform that funds farmers to scale and grow more crops, · Ghana
- Zr3i
Zr3i is an innovative digital agriculture platform as a service · Egypt
- e-pineA
e-pineA is leveraging data technology to increase farmers' incomes by promoting sustainability and market connectivity. · Benin
Frequently asked about Hatch Africa
- Where is Hatch Africa based and when was it founded?
- Hatch Africa is headquartered in Kigali, Rwanda and was founded in 2010.
- Who founded Hatch Africa?
- Hatch Africa was founded by Joseph Shields (Co-Founder & Co-CEO) and Joseph Shields (Co-Founder & Co-CEO).
- Who is the CEO of Hatch Africa?
- Joseph Shields is Hatch Africa's Co-Founder & Co-CEO.
- How much funding has Hatch Africa raised?
- Hatch Africa has raised $9.5M across 1 disclosed round. Its latest, a $9.5M Debt Financing, was announced on Jan 29, 2024.
- Who has invested in Hatch Africa?
- Backers include IDH and AgDevCo.
- What sector is Hatch Africa in?
- Hatch Africa operates in Farming, Agriculture and AgTech.
