Tech and Innovation

Kenyan Climate Tech Startup Amini Raises $4M Seed Funding Round To Close The Environmental Data Gap In Africa

todayDecember 4, 2023 9

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A Nairobi, Kenya-based climate-tech startup wants to increase accountability for companies and the role they play in the upkeep of the environment.

Amini is a company that uses artificial intelligence (AI) and space technologies, which allows it to make environmental data in Africa more accessible.

“What we are building is going to make brands more accountable and to do what is right for the people, environment and planet,” Amini Founder and CEO Kate Kallot said, according to TechCrunch. “It will also help them measure progress against what they say they are doing or will do, but also in a way that shows the world that they are truly sustainable brands… and can prove it because they have the data to do so.”

Following the company’s launch, venture capitalists have co-signed its mission to close the environmental data gap across the African continent. In a seed funding round, Amini raised $4 million. The raise was led by Salesforce Ventures and the Female Founders Fund. Additionally, Satgana, Pale Blue Dot, and Superorganism participated. The round comes after Amini’s $2 million pre-seed round in May 2023.

“We are thrilled to support Amini, a trailblazing company at the forefront of artificial intelligence innovation and climate technology,” Claudine Emeott, the vice president of Salesforce Ventures Impact Fund, said. “Amini.ai’s cutting-edge technology is poised to redefine industries and drive transformative change. With a visionary team and a commitment to pushing the boundaries of climate AI, we are confident that it is poised for exceptional growth.”

In addition to creating tools and models that improve access to environmental data, Amini has a focus on economic inclusion for farmers, the outlet details.

“We want to empower our people,” Kallot said. “We want to help all these farmers to move from surviving to thriving. Our thesis is that you can only do that if you have access to data because if you have access to data, there is transparency and if you have transparency, then you have trust. And when you have trust, people invest more.”

Source: TechCrunch

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