Sharp Daily
  • News
  • Business
  • Technology
  • Real Estate
  • Opinion
  • About Us
No Result
View All Result
Sharp Daily
  • News
  • Business
  • Technology
  • Real Estate
  • Opinion
  • About Us
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Amini raises USD 4 million in seed funding for climate tech

The Nairobi-based startup aims to address Africa’s environmental data gap

Judd Mutua by Judd Mutua
December 4, 2023
in News
Reading Time: 2 mins read

Nairobi-based climate technology startup Amini has successfully raised USD 4 million in a seed funding round aimed at addressing the continent’s environmental data gap.

The funding round led by Salesforce Ventures and supported by Female Founders Fund, follows from a USD 2 million pre-seed funding round earlier in March 2023. It was led by Pale Blue Dot and backed by Superorganism, with additional participation from investors like Satgana.

“Amini.ai’s cutting-edge technology is poised to redefine industries and drive transformative change,” stated Claudine Emeott, VP of Salesforce Ventures Impact Fund.

She further added “With a visionary team and a commitment to pushing the boundaries of climate AI, we are confident that Amini is poised for exceptional growth.”

RELATEDPOSTS

No Content Available

The funds raised will be used to accelerate the startup’s expansion into new sectors, with a focus on supporting major food and beverage companies and consumer packaged goods producers in transforming their supply chains sustainably.

Amini’s focus is on leveraging artificial intelligence and satellite technology to revolutionize climate data collection and analysis across Africa.

It aims to build the ultimate African environmental data collection and intelligence infrastructure. The platform enables real-time monitoring tools and machine learning models for insights into soil health, water use, flood detection, and crop health down to the farm level.

“We are building technology that is designed specifically for Africa to lead an economic transformation for the continent’s 1 billion people,” said Kate Kallot, CEO and Founder of Amini.

Amini’s team, boasts over two decades of combined experience in AI solutions for leading tech companies such as NVIDIA, Arm, and Apple, is dedicated to developing an AI ecosystem tailored to the emerging markets they serve.

The company has already made strides in collaborating with corporations and multinationals in the agricultural and insurance industries, including Aon, a global professional services firm.

As new regulations in the U.S. and Europe compel corporations to disclose climate risks, the start-up is focused on de-risking the “first mile” of the global agricultural value chain through enhanced transparency and data access. With the approach aligns with the growing demand for transparent, climate-resilient supply chains.

Previous Post

Healthcare, education top agenda as Ruto visits India

Next Post

Impact of proposed carbon tax on real estate sector post-COP 28 summit

Judd Mutua

Judd Mutua

Judd Mutua is a journalist with wide ranging interests ranging from the world of finance to the latest in tech and business news. Off duty you can find him reading his favorite books and manga. Send tips via jmutua@thesharpdaily.com

Related Posts

News

Why Matatu Fares Rise With the Rain and Never Come Back Down

October 9, 2026
News

Kenya Without an IMF Programme: What Does It Mean for the Economy and Investors?

October 9, 2026
Analysis

Kenya’s kSh340 billion infrastructure fund goes live

October 9, 2026
News

Public Debt and Economic Growth

October 9, 2026
News

Shariah compliant investment products expand as Islamic finance nears $6 Trillion

October 9, 2026
News

Beyond the Dangote IPO, Can Africa Unlock a New Era of Cross-Border Investing?

October 9, 2026

LATEST STORIES

Why access to affordable credit is critical for business growth

October 9, 2026

Why Matatu Fares Rise With the Rain and Never Come Back Down

October 9, 2026

Kenya Without an IMF Programme: What Does It Mean for the Economy and Investors?

October 9, 2026

Kenya’s kSh340 billion infrastructure fund goes live

October 9, 2026

Public Debt and Economic Growth

October 9, 2026

Part-time work in retirement and what it means for your pension

October 9, 2026

Lionel Messi’s Argentina Farewell

October 9, 2026

Shariah compliant investment products expand as Islamic finance nears $6 Trillion

October 9, 2026
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • News
  • Business
  • Technology
  • Real Estate
  • Opinion
  • About Us

Sharp Daily © 2024