Apollo Agriculture, a leading agri-fintech startup based in Nairobi, Kenya, has secured a $10 million investment from Swedfund and ImpactConnect. This financial partnership aims to accelerate Apollo Agriculture’s expansion efforts and enhance its impact on small-scale farmers across Africa.
By leveraging machine learning-powered credit models and automated operations technology, Apollo Agriculture has been able to efficiently serve over 350,000 farmers in Kenya and Zambia. The investment from Swedfund and ImpactConnect will support Apollo Agriculture’s mission of enabling more farmers to access essential products and financial services, ultimately contributing to increased food security and sustainability in the region.