News

Amitruck secures pre-seed funding for East African growth

Frankfurt (Germany) and Nairobi (Kenya), February 2021. GreenTec is pleased to report that Amitruck has announced significant undisclosed, pre-seed investments from two US based investment firms, Dynamo Ventures and Plug and Play Ventures, as well as from several other angel investors. Amitruck, founded in Nairobi, Kenya in 2018, has continued to grow very quickly showing…

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Opportunities to join Amitruck Solylend campaign and make an impact!

Frankfurt (Germany) and Nairobi (Kenya), February 2021. Amitruck is currently running a crowdlending campaign on Solylend, the France-based crowdlending platform, and they are well on their way. In fact, the campaign will run for several more days providing enough time for more investors to jump onboard. So far, almost 300 individuals have already invested over…

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AgroCenta Raises US$ 790K in working capital and development funding

Frankfurt (Germany) and Accra (Ghana), February 2021. GreenTec Capital is very pleased to report that AgroCenta has successfully raised US$ 790,000 in funding. The funding will be used to scale the Agri-Tech ecosystem in Ghana and for working capital to secure crop purchases from small-holder farmers. The funding was raised from a consortium of development actors…

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Boreal Light closes USD $7.5 Million Investment Round.

Frankfurt and Berlin (Germany), January 2021. GreenTec Capital Partners is very happy to report that Boreal Light GmbH has successfully closed an Investment round raising USD $7,500,000. The investment was made in partnership with a US based family office affiliate, represented by Mr. Lane Pitcairn Pendleton, specialized in global wealth management investments. Boreal Light’s co-founders…

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Case Study (B2B): How Pricepally helps organizations save on food costs in Nigeria. 

Frankfurt (Germany) and Lagos (Nigeria), January 2020. We have previously written about how Pricepally helps Nigerians to mitigate the highly volatile prices of food staples and produce. Here we present a case study on how Pricepally’s features are designed to fullfil B2B as well as B2C roles. This volatility also impacts organizations and businesses operating…

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Freshbag completes successful One Woman Business Initiative Campaign 

Frankfurt (Germany) and Yaounde (Cameroon), December 2020. We are very pleased to learn that our Cameroon-based portfolio company Freshbag has successfully started their One Woman Business Initiative (OWBI) campaign.  The campaign was launched with the support of local authorities and women’s association leaders to help Cameroonian women launch businesses in the Cameroonian food supply chain….

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