Rinchi
TechInAfrica – An investment fund, Beyond Capital Fund along with other investment partners, announces new investment in a Kenyan startup, Tulaa. Tulaa is a platform that combines mobile technology and artificial technology to connects Kenyan farmers, supplier, and buyers.
First established by Hillary Miller-Wise in 2017, Tulaa has now become the 8th company in Beyond Capital’s portfolio. With the fund, Tulaa will develop its technology to better serve Kenyan farmers and expand it across the country.
It’s not the first time for Beyond Capital Fund to invest in Tulaa. In 2017, Tulaa raised $627,000 in fundraising led by AHL Ventures Partners, Beyond Capital Fund, and two other investors.
About Beyond Capital
Beyond Capital Fund is an impact investment fund that invests in for-profit social enterprises throughout India and East Africa. We invest in businesses that are focused on greater access to health care, water, sanitation, and energy, as well as food security and financial inclusion, which can increase the quality of life and standard of living for consumers at the bottom of the pyramid. Though we seek market-rate financial returns, Beyond Capital Fund is structured as a non-profit, which permits us to emphasize fidelity to our social mission alongside our financial mandate.
Our biggest strength is the breadth and quality of the team. As our leadership team, other Beyond Capital volunteer team members are alumni of (amongst others) Harvard, MIT, Columbia, University of Chicago, University of Pennsylvania, and Oxford Universities. We are further augmented by world-class corporate advisers as well as local, “on the ground” advisers who are close to our investments.
Visit: https://www.beyondcapitalfund.org/
About Tulaa
Tulaa is a startup committed to improving the lives of rural communities through mobile innovation. Tulaa provides smallholder farmers with quality agricultural inputs on credit and brokers the sale of their crop at harvest time. Launched in 2017, we use mobile technology and artificial intelligence to smartly connect farmers, input suppliers, and buyers in a digital marketplace.
Achievements: Winner of Facebook Africa Innovation Award in 2017 and Winner of MIT Zambezi Prize for Innovation in Financial Inclusion in 2018.
Visit: https://www.tulaa.io/
