Renew Capital, an Africa-focused impact investment firm, recently announced its strategic investment in Farm to Feed, a Kenyan startup dedicated to tackling food loss and enhancing sustainability in the agricultural sector. This investment underscores Renew Capital’s commitment to supporting innovative ventures with significant growth potential.
Farm to Feed’s B2B platform aims to address the staggering issue of food wastage on farms, which amounts to over a billion tons globally each year. In Kenya alone, approximately 40% of food goes uneaten, leading to significant economic and environmental consequences. By leveraging technology and efficient supply chain management, Farm to Feed seeks to repurpose surplus and imperfect produce, thus reducing waste and improving farmer livelihoods.
Claire van Enk, Managing Director of Farm to Feed, emphasizes the company’s mission to revolutionize Kenya’s food system. “Our goal at Farm to Feed is to transform the way food is valued and utilized in Kenya,” she states. “We’re dedicated to reducing the environmental footprint of agriculture, boosting farmer incomes, and making nutritious food more accessible and affordable for all.”
The impact of Farm to Feed extends beyond economic benefits, as it sets a new standard for food sustainability in Kenya and beyond. By aggregating supply and demand, optimizing logistics, and facilitating seamless interactions between stakeholders, the company is reshaping the food landscape and promoting sustainable practices.
Esther Mwikali, Investment and Project Manager for Kenya at Renew Capital, commends Farm to Feed’s innovative approach and commitment to driving positive change. “Farm to Feed embodies the kind of innovative spirit and determination we value at Renew Capital,” she explains. “We’re committed to backing growth-oriented founders who possess a blend of skill, grit, and passion. Farm to Feed’s work in transforming Kenya’s food system aligns perfectly with these values.”
Renew Capital’s investment in Farm to Feed reflects its mission to support impactful ventures that address pressing social and environmental challenges. Through its network of angel investors, foundations, and family offices, Renew Capital seeks to drive financial returns while sustaining positive change in Africa and beyond.
Renew Capital is an Africa-focused impact investment firm that backs innovative companies with high-growth potential. Managed on behalf of the Renew Capital Angels, a global network of investors, the firm seeks to generate financial returns while promoting sustainable development and positive social impact.