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Kenyan climate tech startup Bio-Logical has secured $1.3 million in funding to boost its Mount Kenya biochar production facility.
This expansion aims to improve the livelihoods of smallholder farmers in the country.
The funding round was led by investment firms CrossBoundary and Redshaw Advisors, alongside existing investors including the Steyn Group.
“This funding is crucial for scaling up our operations at Mount Kenya,” said Rory Buckworth, co-CEO of Bio-Logical. “It also allows us to replicate this model for future expansion, with plans to establish three additional sites across Kenya within the next 18 months.”
This investment comes months after Bio-Logical secured $1 million in seed funding to establish its first facility.
The company’s long-term goals include supporting one million smallholder farmers and sequestering one million tons of carbon dioxide annually by 2030.
Bio-Logical’s technology transforms agricultural waste into biochar, a charcoal-like substance that captures carbon and improves soil health.
This process not only benefits the environment but also empowers farmers by providing them with affordable, climate-resilient fertilizer.
“Smallholder farmers are often hit hardest by climate change, despite contributing very little to the problem,” said Philip Hunter, co-CEO of Bio-Logical.
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.
Winich Farms, a Nigerian agritech startup, has announced the successful completion of a $3 million pre-Series A funding round aimed at addressing the challenges faced by smallholder farmers in Nigeria.
Yellow Malawi, a leading solar energy distribution company, has secured a $2 million investment from Acumen’s Hardest-to-Reach (H2R) initiative.
Twenty African tech ventures—comprising 10 startups and 10 scale-ups—are set to pitch their innovations to potential investors at the upcoming Angel Fair Africa event in Nairobi, Kenya, on November 7-8.