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French development finance institution Proparco has invested €150,000 (about $171,000) in Farm to Feed, a Kenyan agritech company. Through its technology-enabled platform, Farm to Feed coordinates fragmented agricultural supply with predictable buyer demand, helping farmers commercialise more of what they grow while reducing waste across the food system.
Farm to Feed has 5,500 registered farmers on its platform and more than 160 business-to-business customers, including hotels, schools, hospitals, food processors and institutional feeding programmes. The platform manages sourcing, demand forecasting, sales, logistics, warehousing and payments.
“Africa’s population is expected to nearly double by 2050. That growth represents an enormous economic opportunity, but we need to build the food systems to support it now. Today, farmers lack visibility on demand, buyers struggle to source consistently, and too much of what is grown never finds the right market. Farm to Feed was built to address that fragmentation. Proparco’s investment allows us to accelerate this work, creating more value for farmers, reducing waste and unlocking the economic opportunity of Africa’s growth,” said Claire van Enk, chief executive officer of Farm to Feed.
“Food loss is a major challenge for climate, food security and farmers’ livelihoods alike. By supporting Farm to Feed’s growth ambitions, Proparco is backing an innovative business model that provides tangible solutions to these challenges. This investment fully reflects our strategy of supporting innovative companies that combine economic performance with environmental impact and the inclusion of smallholder farmers, on top founded by strong women entrepreneurs,” noted Fabrice Perez, head of the financial institutions and innovation division at Proparco.
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