Kenyan agri-tech venture studio Pyramidia Ventures has raised $1.5 million in funding to expand its model of building and scaling climate-focused startups across Africa. The investment includes $1.3 million in funding and $200,000 in technical assistance and business development support from the Dutch Good Growth Fund (DGGF), managed by Dutch impact investor Triple Jump.
Founded in 2021 by Ruth Bertens, a former McKinsey consultant, and Joseph Rehmann, founder of aquaculture firm Victory Farms, Pyramidia Ventures operates as a venture studio that creates and pilots startup concepts in-house before recruiting co-founders to scale them into independent companies. This approach aims to address food security, sustainability, and carbon reduction challenges in Africa’s agri-food systems.
The new capital will enable Pyramidia to launch at least two new ventures annually, focusing on climate-smart solutions that are practical, affordable, and scalable. The studio’s portfolio includes startups such as Stable Foods, which offers irrigation-as-a-service to smallholder farmers, Womega, which aims to streamline Africa’s fragmented fish supply chain, and Afriprotein, which focuses on producing alternative proteins for human and animal nutrition.
Triple Jump’s investment aligns with its mission to support businesses that tackle pressing global issues, and the DGGF’s technical assistance component will provide capacity building to ensure the ventures grow with solid business practices.
With this funding, Pyramidia Ventures is poised to make a significant impact on Africa’s agri-food systems by fostering the growth of innovative, climate-resilient startups that address critical challenges in the sector.
Read more on Tech Gist Africa:
ARC Ride Secures $10M Debt Financing to Expand Electric Motorcycle Infrastructure in Kenya
SunCulture, a Kenyan climate-tech startup has secured a $5 million funding
Yango Ventures’ $20M Fund Backs Kenyan Fintech Zanifu to Transform SME Credit Landscape