Ghanaian agri-tech startup Oyster Agribusiness raises $310k funding to scale ๐Ÿ‡ฌ๐Ÿ‡ญ

Ghanaian agri-tech startup Oyster Agribusiness raises $310k funding to scale ๐Ÿ‡ฌ๐Ÿ‡ญ

#agriculture
#startup
#agribusiness
#AgriTech
#funding
Ghanaโ€™s Oyster Agribusiness, an agricultural enterprise that employs significant levels of tech and works closely with smallholder farmers, has raised US$310,000 in grant and debt funding to propel its mission of sustainable agriculture, gender inclusion, and talent management.

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.


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