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Twiga Foods Lands Over $30M, Nairobi’s Largest Known Financing Round Of The Year

To link over 17,000 rural Kenyan farmers to urban retailers, Twiga Foods has raised a $23.7 million Series B led by Goldman Sachs and TLcom Capital.

The Nairobi, Kenya-based marketplace company has raised $67.1 million in known venture funding to date.

According to Crunchbase data, Twiga’s Series B is the biggest financing round raised by a Nairobi-based company in 2019, and the third largest round of all time for the city.

Beyond Goldman Sachs and TLcom, investors in Twiga include 1776, AHL Venture Partners, Omidyar Network, Alphamundi, Blue Haven Initiative, and more.

From here, we see that there’s a healthy show of United States investors interested in Nairobi-based companies.

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