Cameroon: Cocoa-focused agtech startup raises seed funding
Berlin and Cameroon-based agtech startup, COOKO GmbH, has raised over €800,000 in a pre-seed round to bolster its sustainability-focused value chain transformations. The round, which concluded on 12 June, saw COOKO’s lead investor, a US family office, significantly up its stake. This increased the total funding raised by the firm, incorporated in July 2021, to more than €1.7 million.
COOKO, focusing on the cocoa sector, aims to enhance the agricultural value chain by prioritising farmers through innovative tech solutions. The firm facilitates first-mile traceability and automates compliance with impending EU and German regulations by embedding traceability data ”at-source”. This system ensures fairer remuneration for farmers and improved data for the entire value chain.