Kenya Climate Ventures and Taimba Limited Forge Transformative Investment Partnership in AgriTech
[Nairobi, 08/SEP/2023] – Kenya Climate Ventures (KCV), a pioneering impact investment venture fund committed to advancing climate-smart solutions, and Taimba Limited, a dynamic AgriTech startup revolutionizing the agricultural supply chain, have officially sealed a transformative investment deal.
Taimba Limited, operating a B2B mobile-based food ecommerce platform, has emerged as a beacon of change in the agricultural landscape. Taimba’s innovative approach connects rural smallholder farmers directly to Markets. Through this platform, farmers secure higher prices and guaranteed markets, while vendors benefit from lower prices and a steady supply of fresh produce.
The significance of Taimba’s model goes beyond commerce; it substantially reduces post-harvest losses and wastage by efficiently matching demand with supply, eliminating the problem of oversupply in the market.
Kenya Climate Ventures, with its commitment to investing in early and growth-stage businesses with climate-smart solutions, sustainable competitive advantages, sound management practices, and ethical business ethics, found a natural partner in Taimba Limited.
Through this investment, KCV is injecting a package of capital and business growth support to Taimba’s operations, governance and strategy. This partnership seeks to amplify Taimba’s efforts in transforming agriculture, creating dignified and sustainable employment opportunities, and nurturing climate-resilient livelihoods.
Kenya Climate Ventures believes that by strengthening Taimba’s commercial growth and impact, we are jointly contributing to the sustainable development of Kenya’s agribusiness sector and resilience of smallholder farmers.
About Kenya Climate Ventures (KCV)
Kenya Climate Ventures is an impact investment venture fund established to accelerate access to climate-smart solutions. KCV provides tailored financial support, technical assistance, and business growth guidance to innovative early and growth-stage enterprises operating in sectors such as agribusiness, commercial forestry, renewable energy, water management, and waste management.
About Taimba Limited
Taimba Limited is a dynamic AgriTech startup that operates a B2B mobile-based food ecommerce platform. Their mission is to bridge the gap between rural smallholder farmers and urban markets, ensuring fair prices, reducing post-harvest losses, and providing reliable access to fresh produce for vendors in Nairobi.