Apollo Agriculture

Apollo Agriculture is a Kenyan agritech-fintech company that bundles together high-quality seeds and fertilizers, weather-indexed insurance, advisory content, and input credit for smallholder maize farmers. Farmers do not pay upfront for inputs and instead repay from harvest proceeds. Apollo has raised USD 64.7 million across 10 rounds, including USD 10 million from Swedfund and ImpactConnect in January 2024 and a USD 9.5 million loan from the US International Development Finance Corporation (DFC). The company serves over 350,000 farmers across Kenya and Zambia and is one of the few African agri-fintechs to demonstrate scalable smallholder lending unit economics.