East Africa Foods raises $26M Series B led by PIDG's InfraCo with Oikocredit and FMO to expand processing, storage, and logistics across East Africa.
Amount Raised
$26 Million
Round Type
Series B
TanzaniaAgriculture and FarmingFarmingInvestors
Description
East Africa Foods closed a $26 million Series B round led by PIDG's InfraCo, with participation from Oikocredit, FMO, and returning investors ARAF, Goodwell, Africa Eats, and FINCA. The round is part of a larger $40 million raise that includes debt financing from the Schmidt Family Foundation and existing shareholders. The capital will fund expanded processing and storage capacity, digital platform upgrades, and expansion into Kenya. EAF aims to work with 100,000 smallholder farmers, achieve 45% female participation, and reduce food waste by one-third across its supply chain.
Quick answer
East Africa Foods raised $26 Million in a Series B round, dated October 7, 2026. Investors: PIDG InfraCo, Africa Eats, Finca, Goodwell, Oikocredit, Fmo and Araf. East Africa Foods is based in Tanzania.
- How much did East Africa Foods raise?
- East Africa Foods raised $26 Million in a Series B round on October 7, 2026.
- Who invested in East Africa Foods?
- PIDG InfraCo, Africa Eats, Finca, Goodwell, Oikocredit, Fmo and Araf are named as investors in this round.
- What does East Africa Foods do?
- East Africa Foods (EAF) is a Tanzanian agritech company that operates an integrated agricultural supply chain, connecting over 28,000 smallholder farmers with more than 10,000 retailers across cities.
- Where is East Africa Foods based and how big is it?
- East Africa Foods is based in Tanzania. Fundz records about 201 employees.
Source: Fundz verified event record.
Who else raised in Agriculture and Farming and Farming around the same time
Companies in the same sectors as East Africa Foods that raised within 45 days of this round, from Fundz verified event records.
- Aimer Farming raised $1.7M (Seed) on November 11, 2026.
- Vereda raised $5.5M (Seed) on November 6, 2026.
- Vitara Agritech raised $2M (Seed) on October 27, 2026.
- GrazeMate raised $1.2M (Pre-Seed) on October 23, 2026.
- IMIO raised $12M on October 20, 2026.
- OlsAro raised $5.6M (Seed) on October 14, 2026.
Who to call at East Africa Foods, and when
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Funding Insights
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