South Africas Nile Raises USD 11.3 M To Turn Agric Chaos Into Digital Order

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Summary

Nile raised USD 11.3 million in a new round led by Cathay AfricInvest Innovation Fund, with participation from FMO and Platform Investment Partners. The South African startup runs a B2B digital marketplace that helps farmers trade produce, buy inputs, arrange logistics, and access credit. It now aims to expand across Southern Africa and deepen its cross-border trade capabilities. The company positions itself as digital infrastructure for a fragmented agricultural value chain rather than just a marketplace.

$ Funding

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Amount $11.3M Total raised
Date June 10, 2025 Announcement date
Investors FMO Lead investors
Company nile.ag Funded company

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