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Avenews logo — Step into the future of fintech for agriculture.

Avenews

Step into the future of fintech for agriculture.

Founded 2017 Kenya Nairobi, Kenya 22 employees Non Equity Assistance Total: $3.59M Agriculture, Blockchain +7

General Information

Company Name Avenews
Founded Year 2017
Location Kenya Nairobi, Kenya
Founders / Decision Makers
Team member Team member
Employees 22
Industries Agriculture, Blockchain, Financial Services +6
Funding Stage Non Equity Assistance
Social

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About Avenews

Avenews, with the slogan "Step into the future of fintech for agriculture," offers fast and reliable financing solutions for Kenyan agribusinesses. Founded in 2017, the company operates within a wide range of industries including agriculture, blockchain, financial services, fintech, information technology, insurance, insurtech, trading platform, and banking, with its headquarters in Kenya. Avenews received a Non Equity Assistance investment on 01 February 2024, with the investment coming from Scaling digital Agriculture Innovations through Start-ups (SAIS). The company's focus on the agricultural sector in Kenya can be seen as a strategic move, considering the potential for growth and innovation in this emerging market. With the support of SAIS, Avenews is well-positioned to scale its operations and solidify its position as a key player in the intersection of agriculture and fintech.

Business keywords: Agritech, Technology, Compliance Solutions, Agricultural Commodities, International Trade, Risk Mitigation

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Non Equity Assistance Undisclosed 1
Scaling digital Agriculture Innovations through Start-ups (SAIS)
Scaling digital Agriculture Innovations through Start-ups (SAIS)
01 Feb 2024
Seed Round $3.15M 2
Techstars XT Hi-Tech
Techstars, XT Hi-Tech
01 Jan 2021
Pre Seed Round $420.00K 1
Encovox
01 Sep 2017
Pre Seed Round $20.00K 1
Techstars
Techstars
09 May 2017

Avenews Alternatives & Competitors

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FAQ About Avenews

Step into the future of fintech for agriculture.
Avenews was founded in 2017.
Avenews is headquartered in Nairobi, Kenya.
Avenews operates in Agriculture, Blockchain, Financial Services, Fintech, Information Technology, Insurance, Insurtech, Trading Platform and Banking. Its work centres on Agritech, Technology, Compliance Solutions and Agricultural Commodities.
Avenews has approximately 22 employees.
Avenews has completed 4 funding rounds, raising a total of $3.59M. The latest funding stage is Non Equity Assistance.
Top alternatives and competitors to Avenews include tarla.io, Fi-Med Management, Inc., Riwe, Cerealia, KODGAV. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Avenews and tarla.io are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Avenews, https://bouncewatch.com/company/avenews, updated 25 November 2024. When citing, please name BounceWatch and link this page.

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