Pula Advisors AG, the Switzerland and Kenya based global agricultural insurance provider for smallholder farmers, has raised USD 20m in a series B funding round led by BlueOrchard Finance AG, the Switzerland based impact investment manager, with participation from Bill & Melinda Gates Foundation, the US based nonprofit foundation, International Finance Corporation (IFC), a member of the World Bank Group, Hesabu Capital Kenya Limited, the Kenya based venture capital firm, the Private Sector Window of the Global Agriculture and Food Security Program, and other existing shareholders.
- Target – Pula Advisors AG
- Buyer – Blueorchard Finance AG
- Buyer – Bill & Melinda Gates foundation
- Buyer – International Finance corporation
- Buyer – Hesabu Capital Kenya limited
- Buyer – Other Undisclosed investors
- Buyer – Global Agriculture And Food Security Program (gafsp)
- Seller – Shareholders