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Twiga Foods
company
About
Twiga Foods is a business-to-business marketplace platform that sources produce directly from farmers and delivers it to urban retailers.
- Nairobi,Nairobi Area,Kenya
- 501 - 1000
- https://twiga.com
Details
- Last Funding Type
- Series C
- Last Funding Money Raised
- $50M
- Industries
- Agriculture,E-Commerce,Grocery,Marketplace,Retail,Shopping
- Founded date
- Nov 23, 2013
- Number Of Employee
- 501 - 1000
- Operating Status
- Active
- Legal Name
- Twiga Foods Ltd.
- Also Known As
- Twiga
Twiga is a mobile-based supply platform for Africa’s retail outlets, kiosks, and market stalls. The company is using a mobile-based, cashless, business-to-business (B2B) supply platform to access distribution into the millions of small and medium-sized vendors in African urban markets.Founded in 2013, Twiga is based in Nairobi, Kenya.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
19
$157.10M
Twiga Foods has raised a total of
$157.10M
in funding over 2 rounds. Their latest funding was raised on
Nov 1, 2021 from a Series C round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Nov 1, 2021 | Series C | $50M | 8 |
|
— | Detail |
| Oct 29, 2020 | Debt Financing | $30M | 1 |
International Finance Corporation
|
— | Detail |
| Oct 28, 2019 | Series Unknown | $23.75M | 4 |
Goldman Sachs
|
— | Detail |
| Oct 28, 2019 | Debt Financing | $6.25M | 2 |
Alphamundi
OPIC - Overseas Private Investment Corporation
|
— | Detail |
| Oct 25, 2019 | Series B | — | 1 | — | — | Detail |
Investors
Number of Lead Investors
Number of Investors
19
24
Twiga Foods is funded by 24 investors.
Creadev
and International Finance Corporation
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
|
Yes | Series C |
|
International Finance Corporation
|
Yes | Debt Financing |
|
Goldman Sachs
|
Yes | Series Unknown |
|
Alphamundi
|
Yes | Debt Financing |
|
OPIC - Overseas Private Investment Corporation
|
Yes | Debt Financing |
United States Agency for International Development
|
Yes | Grant |
|
|
Yes | Grant |
GSMA Ecosystem Accelerator
|
Yes | Grant |
Finnfund
|
— | Series C |
Bossanova Investimentos
|
— | Series C |
Employee Profiles
Number of Employee Profiles
6
Twiga Foods has 6 current employee profiles, including
Executive Peter Njonjo
Executive
Board member
Board member
Executive
Executive
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