
M-Farm
OperatingM-Farm connects smallholder African farmers with urban and export markets via SMS and a web-enabled marketplace.
- Agriculture
- Nairobi, Kenya
- Venture
- Founded 2011
- mfarm.co.ke ↗
- Total raised
- $235K
- disclosed
- Last round
- Venture
- Rounds
- 2
- since 2011
- Investors
- 2
- on record
- Employees
- 2-10
About M-Farm
M-Farm connects smallholder African farmers with urban and export markets via SMS and a web-enabled marketplace. M-Farm negotiates with buyers to create demand and assures quality through its network of agents. This motivates smallholder farmers to move beyond subsistence and into cash crops that can feed Africa and the world. Out of 5 million households in Kenya, 4 million are smallholder farmers, representing 24 million people. They lack access to market urban or export markets and thus either are exploited by middlemen or have little motivation to grow cash crops. Farm inputs that might increase crop yield are costly, as they live on less than $2 a day. M-Farm offers value to both suppliers and buyers. The farmers are motivated to grow crops for guaranteed buyers at favorable market prices. M-Farm Agents further elevate product quality and crop yields through training on good agricultural practices and discounts on inputs. Buyers access a new source of supply, primarily organic, to meet growing urban and international demand. They receive high quality produce, supply chain transparency, and pre-negotiated prices that cushion them from price fluctuations.
M-Farm funding2 rounds
All 2 rounds →M-Farm has raised $235K across 2 disclosed rounds. The latest is a Venture announced 19 Jul 2015.
Who has invested in M-Farm
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 19 Jul 2015 | M-Farm Venture | Novastar Ventures | Not disclosed |
| 11 Oct 2013 | M-Farm Seed | Safaricom Foundation | $235K |
M-Farm founders & team
- Linda KwambokaCo-Founder & Director
M-Farm competitorssame sector · similar funding
- FarmulaNairobi, Kenya
- FarmerLifelineNairobi, Kenya
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Frequently asked about M-Farm
- Where is M-Farm based and when was it founded?
- M-Farm is headquartered in Nairobi, Kenya and was founded in 2011.
- Who founded M-Farm?
- M-Farm was founded by Linda Kwamboka (Co-Founder & Director).
- How much funding has M-Farm raised?
- M-Farm has raised $235K across 2 disclosed rounds. Its latest, a Venture, was announced on Jul 19, 2015.
- Who has invested in M-Farm?
- Backers include Novastar Ventures and Safaricom Foundation.
- What sector is M-Farm in?
- M-Farm operates in Agriculture, Information Technology and Social Entrepreneurship.