South Africas Nile Raises USD 11.3 M To Turn Agric Chaos Into Digital Order
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
Amount
$11.3M
Total raised
Date
June 10, 2025
Announcement date
Investors
FMO
Lead investors
Company
nile.ag
Funded company
Classifications
industries
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applications
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