Tech Company Financing Transactions

Victory Farms Funding Round

Private investors invested in a $5 million funding round for Victory Farms. The financing was recorded on 5/19/2022.

Transaction Overview

Company Name
Announced On
5/19/2022
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Undisclosed
Investors

private investors (Lead Investor) (Ed Brakeman)

private investors (Lead Investor) (Hans Bieman)

Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Private & Independent
Industry
FoodTech
Mailing Address
Primary Office Post Office Box 14730
Westlands Nairobi, 00800
Kenya
Email Address
Overview
Victory Farms is sub-Saharan Africa's fastest growing fish farm. The company's founders, Joe and Steve, put their first cages in the water, with the help of the talented people of Homa Bay County, in 2016 and six years later, Victory Farms, based in rural Roo, Homa Bay, Kenya, is already the largest producer of fish in East Africa with a mission to feed 2 billion Africans over the next 2 decades. Our Customers Our customers are the thousands of market women who buy our fish in small batches each day from our 50 (and growing) branches across Nairobi and Western Kenya. They fry the fish for the end consumer, making a healthy profit, which has enabled many to expand their micro businesses. Thanks to Victory Farms' cold chain, our fish go from lake to plate within 48 hrs. Our Community We believe in Collaborative efforts between Victory Farms and the community as we continuously take extensive measures to protect and restore the ecosystem in which our farm operates.We continue to work hand
Profile
Victory Farms LinkedIn Company Profile
Social Media
Victory Farms Company Twitter Account
Company News
Victory Farms News
Facebook
Victory Farms on Facebook
YouTube
Victory Farms on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Joseph Rehmann
  Joseph Rehmann LinkedIn Profile  Joseph Rehmann Twitter Account  Joseph Rehmann News  Joseph Rehmann on Facebook
Chief Financial Officer
Lenka Afaedor
  Lenka Afaedor LinkedIn Profile  Lenka Afaedor Twitter Account  Lenka Afaedor News  Lenka Afaedor on Facebook
Chief Technical Officer
Nche Wadike
  Nche Wadike LinkedIn Profile  Nche Wadike Twitter Account  Nche Wadike News  Nche Wadike on Facebook
Co-Founder
Steve Moran
  Steve Moran LinkedIn Profile  Steve Moran Twitter Account  Steve Moran News  Steve Moran on Facebook


 

 

Browse more venture capital transactions:

Prev: 5/19/2022: EXO Freight venture capital transaction
Next: 5/19/2022: Fable Tech Labs venture capital transaction

 

Share this article

 


Where The Data Comes From

We report on funding rounds that are announced publicly. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary