Nigerian agri-tech company Winich Farms has secured funding from Egypt-based DisrupTech Ventures in its pre-Series A fundraising round, marking the Egyptian investment firm’s first pan-African deal.
The Lagos-headquartered startup focuses on improving access to markets and finance for smallholder farmers and currently operates in 29 Nigerian states.
It connects more than 180,000 farmers to off-takers, such as processors and retailers, via a digital platform that streamlines produce aggregation and logistics through a network of local agents.
The company’s financial inclusion efforts are also reinforced through the Winich Card, a digital payment tool that enables farmers to build financial transaction records and qualify for credit. Winich has partnered with the Kebbi Agricultural Research Development Agency (KARDA) to provide agronomic advice and financing options to its farmer base.
Announcing the investment, Winich Farms CEO and co-founder, Attai Riches, said the deal strengthens the company’s growth ambitions and reaffirms its commitment to modernizing Nigeria’s agricultural value chain. “We are excited to welcome DisrupTech Ventures on board as we enter our next phase of growth,” he said.
DisrupTech managing partner Mohamed Okasha described the investment as a strategic entry into Africa’s agri-fintech sector. “Winich is not only solving real problems for smallholder farmers but doing so with a scalable model,” he said.
The funding will support Winich’s operational expansion and market development as it eyes new African territories and export partnerships in the Middle East and North Africa. The startup has not disclosed the amount raised.