Startups
Komaza works to unlock the potential of small-scale farmers to solve Africa's wood supply crisis. We provide farmers with support across the full forestry value chain, from seedlings to sawmills. Farmers earn income from growing trees as a climate-smart cash crop. Once mature, Komaza harvests the trees to sell as high-quality sustainable building products to local markets. As a for-profit social enterprise, we seek to maximize social impact, environmental impact, and profitability with our win-win-win business model. Join us!
Overview
Location
United States, Virginia, Captains Cove
Employees
501-1000
Total raised
$38M
Founded date
2006
Funding Rounds 2
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
| Jul 14, 2020 | Series B round | $28M |
Mentions in press and media 7
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Feb 1, 2021 | Top African startups to watch out for in 2021 | With creative and revolutionary ideas across Africa, these startups are changing the technology space. Keeping an eye on them is absolutely worth it. The selection of the following startups is based on the achievements, impressive-positive ... |
| Jul 16, 2020 | Komaza Raises $28 million to Revolutionize Africa’s Wood Industry | Komaza, a Kenya-based forestry startup has raised $28 million to revolutionize Africa’s wood industry. The plan was to secure a $33 Series B equity round. The Series A funding round was co-led by Novastar LPs AXA Investment Managers and the... |
| Jul 15, 2020 | Komaza raises $28M Series B for tech-enabled sustainable forestry in Kenya | Share this: Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new... |
| Jul 14, 2020 | Komaza Raises $28M in Series B Funding | Komaza, a Nairobi, Kenya-based tech-enabled, sustainable forestry company, secured a first close of $28m of a planned $33m Series B equity financing. With continued investment and support from their Series A lead Novastar Ventures, this fin... |
| Komaza Raises $28 million to Revolutionize Africa’s Wood Industry | Komaza, a Kenya-based forestry startup has raised $28 million to revolutionize Africa’s wood industry. The plan was to secure a $33 Series B equity round. The Series A funding round was co-led by Novastar LPs AXA Investment Managers and the... | |
| Top African startups to watch out for in 2021 | With creative and revolutionary ideas across Africa, these startups are changing the technology space. Keeping an eye on them is absolutely worth it. The selection of the following startups is based on the achievements, impressive-positive ... |
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FAQ about Komaza
When was Komaza founded?
Komaza was founded in 2006.
How much funding has Komaza raised?
Komaza has raised $38M in total across 2 funding rounds.
What funding rounds has Komaza raised?
Parsers VC lists 2 funding rounds of Komaza, among them a Series B round of $28M on Jul 14, 2020.
What has the press written about Komaza?
Parsers VC has collected 7 articles mentioning Komaza, among them “Top African startups to watch out for in 2021” (Feb 1, 2021) and “Komaza Raises $28 million to Revolutionize Africa’s Wood Industry” (Jul 16, 2020).
Is Komaza still active?
Yes, Komaza is active; its latest activity on Parsers VC dates from Sep 27, 2023.