📢 Exciting News! Kilimo Raises USD 7.5M in Series A Funding to Boost Water Conservation Efforts 🚀💧
We are thrilled to announce that Kilimo has secured USD 7.5 million in Series A funding led by Emerald Technology Ventures, with participation from The Yield Lab Latam, Salkantay Ventures, Kamay Ventures, and iThink VC. This investment will help Kilimo advance corporate water conservation through innovative agricultural technology. 🌱🌍
Operating across multiple Latin American countries, Kilimo connects corporations with farmers to achieve "volumetric water benefits," using AI, Irrigation Conversion, and Regenerative Agriculture to significantly reduce irrigation water use. 💡🌾
Kilimo already partners with major companies like Microsoft, Intel Corporation, and The Coca-Cola Company. With water demand expected to exceed supply by 40% by 2030, and agriculture consuming 70% of freshwater, this initiative is crucial for sustainable water management. 🌊📉
To date, Kilimo has reached over 2,000 farmers, saved 72 billion liters of water, and educated 120,000 farmers through its Irrigation Academy. 🌐📚
Helge Daebel, Emerald’s Head of Water Practice, who joins Kilimo's board, praises their impactful approach in bridging water consumption and technology adoption. 🌟
Santiago Murtagh, Managing Partner at Yield Lab Latam, reflects on their six-year journey with Kilimo, highlighting their commitment and adaptability. We are excited to continue supporting Kilimo’s mission to enhance global water conservation. 🌏💧
Jairo Trad, CEO and Co-Founder of Kilimo, emphasizes the focus on scaling the delivery of "volumetric water benefits" to meet the rising demand for efficient water management.
We’re excited about Kilimo’s potential to transform agricultural practices and corporate water stewardship! 🚀🌿
#Kilimo #SeriesAFunding #WaterConservation #EmeraldTechnologyVentures #TheYieldLabLatam #Agriculture #Sustainability #TechForGood #ImpactInvesting #Innovation
🚀 ¡Gran noticia! Kilimo cerró su Serie A liderada por Emerald Technology Ventures! 🌿💧
Con esta inversión, aceleramos la eficiencia en el uso del agua en la agricultura, conectando a corporaciones con agricultores a través de soluciones innovadoras.
¡Gracias a nuestro equipo, inversores y comunidad por el apoyo continuo! 🙌
#SeriesA #Climatech #Innovación #Sostenibilidad
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🚀 Great news! Kilimo has secured its Series A funding led by Emerald Technology Ventures! 🌿💧
With this investment, we will accelerate water use efficiency in agriculture by connecting corporations with farmers through innovative solutions.
Thank you to our team, investors, and community for your continuous support! 🙌
#SeriesA #Climatech #Innovation #Sustainability
https://lnkd.in/evh3C2P8
The Yield Lab LATAM Salkantay Ventures iThink VC
Felicidades Kilimo!