Mavuno Technologies
Agri & FinTech startup empowering African smallholder farmers with satellite imagery and machine learning.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
| investor | €0.0 Valuation: €0.0 | round | |
| investor | €0.0 Valuation: €0.0 75.0x EV/Revenue | round | |
| investor investor | €0.0 | round | |
| investor | €0.0 Valuation: €0.0 150.0x EV/Revenue | round | |
* | N/A | - | |
| Total Funding | 000k | ||
| EUR | 2021 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Company filings or news article, Dealroom estimates
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Mavuno Technologies is a pioneering AgriTech startup dedicated to transforming agriculture in Africa. The company primarily serves smallholder farmers, who are the backbone of the agricultural sector but often struggle with low productivity. Mavuno leverages advanced technologies like satellite imagery and machine learning to provide these farmers with actionable insights and resources to significantly boost their harvest yields.
The core of Mavuno's offering is its farm management app, which helps farmers optimize their farming practices. By using data science, the app can create treatment maps that visualize where and how much farm inputs—such as fertilizers and pesticides—should be applied. This precision farming approach ensures that resources are used efficiently, leading to better crop yields and reduced environmental impact.
Mavuno also focuses on sustainability through its afforestation business model. This model combines environmental protection with economic benefits, promoting forestry protection while helping farmers increase their income. The company provides organic farm inputs and pre-finances these inputs by assessing the creditworthiness of each farmer. This ensures that farmers have access to the necessary resources without the immediate financial burden.
The business operates in the agricultural market, specifically targeting regions in Africa where farming productivity is low. Mavuno's business model is based on providing a subscription service for its app and selling organic farm inputs. Additionally, the company may earn revenue through partnerships with governments and NGOs focused on agricultural development and sustainability.
By doubling the harvest yields of over 600 farmers so far, Mavuno has demonstrated its potential to significantly impact household incomes and contribute to the GDP of African countries. The company's innovative approach not only improves the livelihoods of individual farmers but also enhances the performance of agricultural produce in global markets.
Keywords: AgriTech, smallholder farmers, satellite imagery, machine learning, farm management, sustainability, afforestation, organic inputs, precision farming, Africa.