How much funding has Avenews raised?

Avenews has raised $3.0M in total funding, most recently a Seed round.

Who are Avenews's investors?

Avenews's investors include XT Hitech, Techstars.

Where is Avenews headquartered?

Avenews is headquartered in Tel Aviv, Israel.

What industry is Avenews in?

Avenews operates in Insurtech, Crypto & Web3, Agtech, Fintech.

Avenews

Step into the future of fintech for agriculture.

Tel Aviv, Israel · Founded 2017 · $3.0M raised

Headquarters: Tel Aviv
Employees: 11–50
Founded: 2017
Website: avenews-gt.com

Total Funding: $3.0M
Last Round: $3.0M SeedFeb 2021
Rounds: 2

About

Avenews is an agri-fintech company that provides fast and reliable financing and digital trade solutions for agribusinesses in Africa — primarily serving agro-dealers, agro-traders, and agricultural SMBs in Kenya. The platform enables buyers and suppliers across agricultural supply chains to access working capital, manage orders, and transact digitally. Founded in Israel in 2017 with dual operations in Tel Aviv and Nairobi, Avenews bridges the financing gap for the 2.5 million agricultural SMBs across Africa who lack access to traditional credit.

Summary

Avenews is an Insurtech company based in Tel Aviv, Israel, founded in 2017. It has raised $3.0M in total across 2 rounds, most recently a $3.0M Seed round in Feb 2021. Investors include XT Hitech and Techstars.