AECI
AECI Place, 24 The Woodlands, Woodlands Drive, Sandton, 2191, South Africa
Overview
AECI is an explosives and specialty chemicals group domiciled in South Africa. Group businesses service the mining and manufacturing sectors both locally and internationally.The focus for growth is on Africa, South East Asia and South America. AECI’s businesses are characterised by application know-how and service delivery.They often operate in niche markets and are supported by leading technologies which are developed In-house or are sourced from international partners. AECI IS A SOUTH AFRICAN-BASED EXPLOSIVES AND SPECIALTY CHEMICALS COMPANY FOCUSED ON PROVIDING PRODUCTS AND SERVICES TO A BROAD SPECTRUM OF CUSTOMERS IN THE MINING, MANUFACTURING AND AGRICULTURAL SECTORS. IT HAS REGIONAL AND INTERNATIONAL BUSINESSES IN AFRICA, SOUTH EAST ASIA, THE USA AND AUSTRALIA. OTHER MARKETS OF INTEREST ARE IN LATIN AMERICA.
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 2
Sector focus
- Chemical
- Manufacturing
Investment portfolio
- KHULA!
Led · Seed · Aug 2021
Khula, founded in 2018 by Karidas Tshintsholo, Matthew Piper and Jackson Dyora, operates a three-product ecosystem for farmers: an Inputs App, a Fresh Produce Marketplace and a Funder Dashboard. The Inputs App gives farmers access to approved agricultural inputs and services; the Fresh Produce Marketplace lets farmers sell directly to local and international bulk buyers; and the Funder Dashboard connects institutional investors with farmers who meet funding mandates. Khula aims to provide liquidity, access and market transparency to reduce middlemen exploitation and improve farmer margins, and plans to scale operations across South Africa. The company has signed up more than 3,000 farmers and over 100 suppliers and was accepted into the Google for Startups Accelerator Class 6. Khula closed a $1.3M seed round last year and will leverage its lead investor AECI’s 132 depots to expand inputs distribution nationwide.
Team
Mark Dytor
CEO
Mark Kathan
CFO