Amini, Corp. a Kenyan-based early-stage company focused on solving Africa’s environmental data gap through artificial intelligence and satellite technology, has raised $2M in pre-seed funding in an oversubscribed round led by Pale Blue Dot, a leading European Climate Tech fund. Other investors include Superorganism, RaliCap, W3i, Emurgo Kepple Ventures and a network of angel investors from the global technology community.
Africa home to 65% of the world’s uncultivated fertile land and 30% of its mineral resources, accounts for only 3% of the global GDP. One reason for this disparity is lack of reliable and trustworthy data which has held back Africa’s development for decades by hampering business decisions and capital allocation as well as making it difficult to measure the impact of climate change.
Heidi Lindvall, General Partner, Pale Blue Dot, said: “The scarcity of high-quality environmental data of Africa is a concern as it prevents others from building…
