Amini Corp raises $2 million to plug Africa’s environmental data gap

By The Exchange On May 18, 2023

Africa is home to 65 percent of the world “s uncultivated fertile land, but millions sleep hungry daily. Amini Corp seeks to address the scarcity of data in Africa as well as facilitate capital investment. The scarcity of high-quality environmental data prevents others from building climate solutions such as farmer insurance schemes. Amini Corp, a…

•Africa is home to 65 percent of the world’s uncultivated fertile land, but millions sleep hungry daily.

•Amini Corp seeks to address the scarcity of data in Africa as well as facilitate capital investment.

•The scarcity of high-quality environmental data prevents others from building climate solutions such as farmer insurance schemes.

Amini Corp, a Kenyan-based climate tech startup, has raised $2 million in pre-seed funding which it plans to channel into developing an environmental data platform for Africa. The funding was secured through an oversubscribed round led by top European Climate Tech Fund, Pale Blue Dot.

Other investors in the venture are Superorganism, RaliCap, W3i, Emurgo Kepple Ventures and angel investors from the global tech community.

Amini Corp seeks to address the scarcity of data in Africa as well as facilitate capital investment. The company also promotes climate resilience, and helps accelerate economic development opportunities in the region….

The post Amini Corp raises $2 million to plug Africa’s environmental data gap appeared first on The Exchange.

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