TLDR:
– MazaoHub, a farm management venture, raised $200,000 from the Catalyst Fund, supported by CLIC
– The company analyzes soil samples to provide personalized farming insights to smallholders in Tanzania
MazaoHub, a farm management venture in East Africa, raised $200,000 in funding from the Catalyst Fund, with support from the ClimateShot Investor Coalition (CLIC). The company, introduced to the fund by the Global Innovation Lab for Climate Finance, utilizes AI technology to analyze soil samples and provide personalized farming insights to smallholders across Tanzania. CEO Geophrey Tenganamba highlighted the challenges of limited capital access in the region compared to Silicon Valley startups, emphasizing the importance of quick testing phases.
The company’s growth stage involves plans to expand its reach by manufacturing and distributing low-cost soil testing kits. The investment from the Catalyst Fund, facilitated by CLIC, is seen as a significant milestone for MazaoHub. The company’s focus on climate resilience is crucial in a region where climate change costs the agrifood sector more than it would to invest in climate resilience measures.
By providing farmers with insights on soil quality and recommendations for improving soil fertility and yields, MazaoHub aims to empower smallholders to navigate climate risks effectively. The company’s technology, which includes solar-powered IoT sensors and integration with climate data, has shown promising results in increasing crop yields and reducing costs for farmers.
Overall, MazaoHub’s innovative approach to agricultural analytics and support for smallholder farmers represents a valuable contribution to the agrifood sector in Tanzania, with potential for further growth and impact.
