Ghanaian agri-tech startup Oyster Agribusiness raises $310k funding to scale ๐ฌ๐ญ
Ghanaian agri-tech startup Oyster Agribusiness has raised $310,000 in grant and debt funding to support its mission of promoting sustainable agriculture, gender inclusion, and talent management. Established in 2018, Oyster Agribusiness focuses on empowering smallholder farmers by offering sustainable inputs, improved agronomic practices, and a reliable market for their produce. The startup employs technology for input distributions, yield enhancement, planting using seeders, and spraying with drones. With existing collaborations with 3,000 smallholder farmers, the recent funding includes debt capital from Root Capital and two grants totaling $10,000. The funds will facilitate operational expansion, enhance gender inclusion initiatives, and invest in the company's team.
Read more on Disrupt-Africa