Thursday
December 14
2023

Upcycled Cacao Fruit Juice, Anyone? Investors Gave Swiss-Ghanaian Startup $15 Million to Scale Koa Pure

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Swiss-Ghanian startup Koa has raised $15M in Series B funding to scale up its upcycled cacao business, develop more products and intensify regenerative agriculture practices to involve over 10,000 more farmers and address the climate footprint of the West African cocoa industry.

Koa’s $15M Series B round takes its total funds raised to $25M. The upcycled cacao startup makes products from the fruit of the plant, and its latest investment round involves both returning and new investors.

Photo courtesy of Irene Scott / AusAID / Department of Foreign Affairs and Trade.

Source: Green Queen (link opens in a new window)

Categories
Agriculture, Investing
Tags
agtech, scale, smallholder farmers, startups, supply chains