Mali’s OKO Raises Fresh Capital to Protect Africa’s Farmers From Climate Shocks

Mali’s OKO raises fresh capital to protect Africa’s farmers from climate shocks

OKO, a Malian climate and agritech startup that provides climate insurance for African farmers, has raised an undisclosed funding round led by Catalyst Fund, with participation from two existing investors. The fresh capital, which the company described as a six-figure sum, will support its commercial growth and deepen its partnerships with financial institutions and agro-industries, embedding automated climate insurance into agricultural value c…

OKO Raises Funding To Expand Climate Insurance For African Farmers

OKO, a climate-tech and agritech startup providing climate insurance to African farmers, has raised a six-digit funding round led by Catalyst Fund, with support from existing investors. Founded in 2017 by Simon Schwall, the company leverages satellite data and mobile technology to deliver affordable crop insurance, helping smallholders and agribusinesses withstand climate shocks. Already operating in Côte d’Ivoire, Mali, Uganda, Mozambique, and …