Twiga
Дербеневская набережная, 7с22, подъезд B, этаж 4, Moscow, Moscow City, 115114, Russian Federation
Overview
Twiga operates a B2B e-commerce marketplace that reduces intermediaries in the agricultural supply chain to lower food costs for consumers. The company connects fresh-food growers, FMCG manufacturers and informal retailers via technology to create a more efficient, transparent distribution network. Twiga has repeatedly raised capital over several years and is described as one of Africa’s best-funded digital firms. It plans to expand across the remainder of East Africa in the coming months and enter West Africa in 2022. The company is funding a proof-of-concept to cultivate its own fresh produce using precision agriculture and satellite imaging, aiming to start selling horticulture commodities across East Africa in February 2022. Twiga is also working with development finance partners to replicate the off-taker model as a separate business and will deploy low-cost, Twiga-branded manufactured goods by the end of 2021.
- Total raised
- $50M
- Funding rounds
- 1
- Latest round
- Series C
- Latest activity
- Nov 2021
Industries
- Marketing
Recent funding
Series C
Nov 2021
$50M
Team
No current team members are available.