Amini, a climate tech start-up based in Nairobi, Kenya has raised $2 billion in pre-seed capital.
Announcing the funding boost, Amini restated its commitment to enabling climate resilience in Africa through information.
“We are committed to pushing boundaries, challenging the status quo, and delivering exceptional data,” Amini announced.
Pale Blue Dot, a climate-oriented fund in Sweden led the fundraiser.
Pale Blue has so far helped to grow a host of climate-oriented tech startups across the world.
In addition, Superorganism, Ralicap, and Emurgo Kepple also took part in the fundraising.
In a subsequent statement, Amini CEO and Founder Kate Kallot reiterated the essence of data in enabling climate resilience in Africa.
“Data has the potential of transforming livelihoods by enabling everything from climate resilience to sustainable value chains,” Kallot noted.
On his part, Pale Blue Dot’s General Partner, Heidi Lindvall, stated that scarcity of data on Africa’s climate was undermining climate resilience.
As such, was happy about the ambition of Amini in its goal to establish itself as a major climate tech company.
“When meeting the team behind Amini we were blown away by their ambition and expertise.
We we believe they are best positioned to fill the environmental data gap of Africa” Lindvall started.
Climate Tech Start-up making waves
Further, the Startup, which specializes in providing environment-related data in Africa, seeks to build a super-powered environmental data infrastructure.
Amini started in 2020 and provides data to companies and entities with an interest in Africa’s environment and climate change.
Currently, the climate tech start-up is working towards realizing the goal of enabling the resilience of 1 billion people by 2030.
Moreover, it seeks to realize this by providing reliable data to aid in agriculture among other aspects.
It uses Artificial intelligence and satellites to offer insights about the weather, calamities, and other environmental aspects of the continent.
A survey by Disrupt Africa revealed that funding for start-ups on the continent dropped in the first quarter of 2023.