Startups
ARAF is a $58MM impact Agri VC fund designed to enhance the livelihoods and climate resilience of 10 million people in Africa.
We invest $300k – $4MM in early and early-growth stage agribusinesses with business models that help smallholders in East and West Africa become more resilient to climate change.
We look for Agribusinesses backed by passionate world class founder(s) committed to building profitable and scalable enterprises that have smallholder farmers as a critical component of their business models.
The fund is sponsored by Acumen and anchored by GCF, and is supported by FMO, the Soros Economic Development Fund, Proparco, the Children’s Investment Fund Foundation, Global Social Impact, IKEA Foundation, and two family offices in USA and Europe.
We invest $300k – $4MM in early and early-growth stage agribusinesses with business models that help smallholders in East and West Africa become more resilient to climate change.
We look for Agribusinesses backed by passionate world class founder(s) committed to building profitable and scalable enterprises that have smallholder farmers as a critical component of their business models.
The fund is sponsored by Acumen and anchored by GCF, and is supported by FMO, the Soros Economic Development Fund, Proparco, the Children’s Investment Fund Foundation, Global Social Impact, IKEA Foundation, and two family offices in USA and Europe.
Overview
Location
Kenya, Nairobi
Employees
11-50
Founded date
2019
Mentions in press and media 10
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Jun 25, 2024 | IBISA raises $3 million to scale parametric insurance solutions, strengthening climate resilience across Asia and Africa. | LUXEMBOURG, June 25, 2024 /PRNewswire/ -- IBISA, a Climate Insurtech company, has closed a $3 million funding round to scale its parametric insurance solutions for weather-related risks in Asia and Africa. The round was led by The Acumen Re... |
| Sep 28, 2023 | The Week in AgriFoodTech: Paine Schwartz launches $1.7bn agrifood fund, Cricket One unveils new plant, Infarm ‘declared bankrupt’ | Agrifood’s biggest news this week is PE firm Paine Schwartz closing its $1.7 billion food- and agribusiness-focused fund. Fund VI is “exclusively focused on sustainable investments” in food and agribusiness, and the firm has already deploye... |
| Jan 12, 2023 | Pyramidia Ventures: a “founder on steroids” building agrifood x climate tech startups in Africa | For Ruth Bertens, execution support is critical if startups are to make an impact. The typical route taken in the startup world is an entrepreneur, inspired to innovate by certain challenges, builds a startup and seeks investor backing to e... |
| Nov 22, 2022 | Tackling the irrigation gap with solar power: SunCulture closes USD 10 million financing round to support African smallholders. | The USD 10 million mezzanine loan contracted between SunCulture, EEGF, ARAF and EDFI ElectriFI will allow the company to expand activity in Kenya, Ivory Coast, and Uganda. |
| Sep 27, 2022 | BREAKING: Farmerline nets $1.5m from Oikocredit in second close of $14m pre-Series A round | Farmerline Group, a Ghanaian agribusiness marketplace today announced the second close of a Pre-Series A round with an additional $1.5 million investment from social impact investor Oikocredit. The investment is part of a total funding roun... |
| Apr 26, 2022 | Farmerline raises $13m to connect West African farmers with services, buyers with data | The digitalization of African agriculture is in its early days. But companies like Farmerline believe it’s the key to improving and advancing a sector that supports a majority of livelihoods on the continent. Farmerline, an agribusiness mar... |
| Apr 22, 2022 | 5 African climate-smart agriculture investors helping close a $106bn climate finance gap | Since 1970, the world has celebrated Earth Day, a day that focuses on green living and tackling the environmental crisis. Through Earth Day, humans have been made aware of the harm they cause to the environment. They have also been enlighte... |
| Oct 26, 2021 | AFN Africa: Investing in knowledge & information to accelerate innovation in African agriculture | This post has been published in partnership with FMO. The author is Maurice Scheepens, a senior investment officer with FMO’s Ventures Program who focuses on developing and implementing its agritech strategy. There’s a $1 trillion market op... |
| Sep 16, 2021 | Acumen’s new ag fund ushers commercial capital to farmers’ fight against climate change | Editor’s note: AFN’s coverage of the emerging African agrifoodtech sector is supported by Dutch development bank FMO. A third of the world’s food is grown on farms less than two hectares in size. That food supply is increasingly jeopardized... |
Reviews 0
FAQ about Acumen Resilient Agriculture Fund (ARAF)
When was Acumen Resilient Agriculture Fund (ARAF) founded?
Acumen Resilient Agriculture Fund (ARAF) was founded in 2019.
What has the press written about Acumen Resilient Agriculture Fund (ARAF)?
Parsers VC has collected 10 articles mentioning Acumen Resilient Agriculture Fund (ARAF), among them “IBISA raises $3 million to scale parametric insurance solutions, strengthening climate resilience across Asia and Africa.” (Jun 25, 2024) and “The Week in AgriFoodTech: Paine Schwartz launches $1.7bn agrifood fund, Cricket One unveils new plant, Infarm ‘declared bankrupt’” (Sep 28, 2023).
Is Acumen Resilient Agriculture Fund (ARAF) still active?
Yes, Acumen Resilient Agriculture Fund (ARAF) is active; its latest activity on Parsers VC dates from Jun 25, 2024.