MILAN INNOVINCY
Status: Approved investmentWhy disclosure?
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Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
Milan Innovincy, a Dutch based technology company (to be incorporated) focusing on spatiotemporal computing.
What is our funding objective?
The funding objective is to support KYP to roll out its digital plot creation technology and further develop products that link plot data to geo-data and make plot-data relevant for service providers such as plantation managers, agri input suppliers, banks, and insurance companies.
Why do we fund this investment?
This project is aligned with FMO’s Seed MASSIF strategy, because KYP is an innovative market-based approach focused on smallholder farmers in Africa while using technology to increase food production and improve farm economics.
- Website customer/investment
- http://www.m-innovincy.com
- Region
- Africa
- Country
- Rwanda
- Sector
- Agribusiness, Food & Water
- Effective date
- 5/24/2018
- Total FMO financing
- EUR 0.50 MLN
- Funding
- MASSIF