InspiraFarms Cooling logo

InspiraFarms Cooling

Operating

InspiraFarms provides agribusinesses in Africa with cold chain solutions and finance for cooling and handling their fresh produce.

Updated Source: SLA Startup IndexHow we verify →
Total raised
$6.7M
disclosed
Last round
$1.1M
Convertible Note
Rounds
4
since 2012
Investors
11
on record
Employees
11-50

About InspiraFarms Cooling

InspiraFarms provides agribusinesses, exporters, 3PL and food distributors in Africa with cold chain solutions and finance for cooling and handling their fresh produce, significantly cutting energy costs, reducing food losses and ready to meet the major international food safety certifications, and allowing real time remote performance monitoring. Engineering, construction and servicing of modular and high-efficiency dry steel infrastructures, high-efficiency industrial refrigeration machinery and equipment integrated through an IoT platform.

InspiraFarms Cooling funding4 rounds

All 4 rounds →

InspiraFarms Cooling has raised $6.7M across 4 disclosed rounds. The latest is a $1.1M Convertible Note announced 23 Jan 2024, led by Clean Energy and Energy Inclusion for Africa.

Capital growthrunning total of disclosed rounds
  1. $1.8MSeries ASeries A, $1.8M, $1.8M raised to date
  2. $3.8MSeries ASeries A, $3.8M, $5.6M raised to date
  3. $1.1MConvertible NoteConvertible Note, $1.1M, $6.7M raised to date

SLA Funding Index · grey is capital raised before each round · 1 undisclosed round not drawn

AnnouncedRoundLead · investorsAmount
23 Jan 2024InspiraFarms Cooling Convertible NoteClean Energy and Energy Inclusion for Africa +2$1.1M
20 May 2020InspiraFarms Cooling Series BKawiSafi Ventures +3Not disclosed
09 Apr 2018InspiraFarms Cooling Series APymwymic +1$3.8M
05 Apr 2017InspiraFarms Cooling Series ASchneider Electric +7$1.8M

InspiraFarms Cooling founders & team

InspiraFarms Cooling competitorssame sector · similar funding

  • GrowAgric

    GrowAgric is a Kenyan crowd-funding startup that connects farmers to much-needed working capital. · Kenya

  • Ecorich Solutions

    Ecorich Solutions is a Kenyan AgTech startup which develops organic composting solution. · Kenya

  • Lofte Kesho

    Imfuyo (formerly known as Lofte Kesho) is an Agri fintech enabling livestock collateral for Kenyan farmers · Kenya

  • GenePlus Global Limited

    GenePlus is a Nairobi-based agricultural biotechnology company founded in 2017 by Dr. Chris Silali · Kenya

  • Organic Fields

    Organic Fields is a social environmental enterprise that tries to solve the problem of market food waste from the municipal markets. · Kenya

  • agriBORA

    agriBORA is a Kenyan agri-fintech transforming agriculture by merging digital tools, financial access, and market connectivity. · Kenya

All 36 AgTech startups in Kenya

Frequently asked about InspiraFarms Cooling

Where is InspiraFarms Cooling based and when was it founded?
InspiraFarms Cooling is headquartered in Nairobi, Kenya and was founded in 2012.
Who is the CEO of InspiraFarms Cooling?
Julian Mitchell is InspiraFarms Cooling's CEO.
How much funding has InspiraFarms Cooling raised?
InspiraFarms Cooling has raised $6.7M across 4 disclosed rounds. Its latest, a $1.1M Convertible Note, was announced on Jan 23, 2024.
Who has invested in InspiraFarms Cooling?
Backers include Clean Energy and Energy Inclusion for Africa, KawiSafi Ventures, Factor[e] Ventures, Untapped and 7 others.
What sector is InspiraFarms Cooling in?
InspiraFarms Cooling operates in AgTech, Food Processing and FoodTech.