Twiga Foods

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

Highlights

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	Creadev	—	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
Creadev	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
Google Launchpad Accelerator	Yes	Grant
GSMA Ecosystem Accelerator	Yes	Grant
Finnfund	—	Series C
Bossanova Investimentos	—	Series C