South African agri-tech startup Khula has secured an investment of $6.8 million in the first phase of its Series A funding round.
Key investors in this round include South Africa’s Absa Bank, PepsiCo’s Kgodiso Fund, AECI, and E Squared. With this funding, the company is set to enhance its digital platform and transform the agricultural supply chain by directly connecting farmers with buyers.
Khula aims to address key challenges in the agricultural value chain through three core components. First, it enables farmers and buyers to connect directly, improving market access.
Second, it offers farmers the ability to purchase essential supplies such as seeds, fertilizers, and equipment from verified suppliers. Finally, it simplifies access to financing, helping farmers secure the capital needed to expand their operations.
Starting with 400 farmers during its pilot phase, Khula now serves over 7,000 active users and offers more than 5,000 agricultural products.
With the newly secured capital, Khula will be able to scale its operations, expand its user base, and strengthen its digital infrastructure.
The startup’s innovative approach and rapid expansion highlight the transformative potential of technology-driven solutions to revolutionize agriculture, improve food security, and boost efficiency in South Africa’s farming sector.