Cold Chain Startups in Africa

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Cold chain is gaining traction, but challenges remain. Local entrepreneurs like Gricd, InspiraFarms Cooling are making strides in addressing post-harvest loss. However, infrastructure gaps, funding hurdles, and awareness need improvement. Local business leaders acknowledge potential but emphasize the need for collaboration and investment to unlock the full benefits of cold chain logistics.

Cummulative Funding

$3.7M+

Total # of Companies

2

Total Deal Count

12

Total M&A Count

0

Total # of Investors

27

List of Cold Chain startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

Gricd is an Nigerian startup which aims to play a part in bridging the gaps in the healthcare cold chain in Sub-Saharan Africa.

Seed

$ 1,922,800

2017

2.

InspiraFarms provides agribusinesses in Africa with cold chain solutions and finance for cooling and handling their fresh produce.

Convertible Note

$ 1,800,000

2012

Gricd

Founded

2017

Overview

Gricd is an Nigerian startup which aims to play a part in bridging the gaps in the healthcare cold chain in Sub-Saharan Africa.

Last round

Seed

Total raised

$ 1,922,800

Employee

11-50

Founded

2012

Overview

InspiraFarms provides agribusinesses in Africa with cold chain solutions and finance for cooling and handling their fresh produce.

Last round

Convertible Note

Total raised

$ 1,800,000

Employee

11-50

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