Western Seed
Nairobi Kenya

Total Funding Amount
US $2,100,000

Categories:
Agriculture,
Founded:
2009
Founders:
Saleem Esmail
Countries:
Kenya
Funding Status:
Early-Stage
Employees:
1-50

Description

Western Seed’s hybrid maize varieties, which are designed for local conditions, can generate a 300 percent increase in yield over farm-saved seed. Western Seed is using Acumen’s investment to cultivate, store and distribute hybrid maize seeds and triple its seed production in five years. The company’s pioneering Direct Access Sales program markets the hybrid varieties directly to rural farmers in Kenya’s mid and lowland areas, where most farms use farm-saved seed.


Recent Funding for Western Seed


Logo
Investor
Amount / Round
Date / Source
Investor/Location
Africa Enterprise Challenge Fund (AECF) Nairobi Kenya
Amount/Round
Undisclosed amount Grant
Date/Source
30 Dec 2011 Source 
Investor/Location
Acumen New York, USA
Amount/Round
US $2,100,000 Equity
Date/Source
30 Dec 2010 Source