DOB Equity invests in Kenya's FarmWorks
FarmWorks provides smallholder farmers with consistent off-take channels for their produce.
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DOB Equity has made an investment in FarmWorks, a Kenya-based agribusiness company focused on providing smallholder farmers with consistent off-take channels for their produce.
This investment will help FarmWorks expand its sourcing network, enhance its technology platform, and broaden its product offerings.
Founded in 2020, FarmWorks is an aggregator and distributor of fresh produce such as tomatoes, onions, and potatoes, sourced directly from smallholder farmers. The company operates 23 branches across Nairobi and its environs and serves over 4,500 customers monthly, including informal market vendors, retail outlets, and hospitality clients.
“We are excited to support FarmWorks in its mission to improve market access and income stability for smallholder farmers,” said Karen Serem Waithaka, CEO of DOB Equity. “By leveraging technology to enhance operational efficiency, FarmWorks is addressing key gaps in Africa’s agricultural value chain. I am particularly excited that FarmWorks is led by a strong female CEO and co-founder, Yi Li. We look forward to supporting its growth and long-term impact on sustainable food systems in the region.”
Anthony Mahira, investment manager at DOB Equity and FarmWorks lead, added, “FarmWorks is addressing one of the key challenges facing smallholder farmers in Kenya – access to consistent markets for their produce. Their reliable offtake model and technology-driven supply-demand matching not only reduces food loss but also strengthens food systems by minimising waste across the agricultural value chain. We believe in FarmWorks’ potential to drive significant impact, and we’re excited to support them as they scale their operations.”
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