Agri Frontier has successfully facilitated the equity investment of Crop Nutrition Laboratory Services (Cropnuts) through AHL Venture Partners and prominent Dutch investors, DOB Equity in July 2019.

Leading impact investment firm in East Africa, AHL Venture Partners and co-investor DOB Equity invested in Cropnuts, a leading independent, fully integrated, ISO 17025 accredited agricultural laboratory and agronomy services company in East Africa. Cropnuts provide centralised laboratory testing of soil, water, plant and food safety in addition to providing mobile soil testing platforms and agricultural advisory and feasibility services.

The investment by AHL Venture Partners and DOB Equity will enable Cropnuts to fund its laboratory expansion plans and agronomy technology platform. Cropnuts’ Managing Director, Jeremy Cordingley, explains; “with the additional funding we can accelerate our growth to help more farmers in sub-Saharan Africa get the information and help they need to increase their yields.”

By providing more accessible testing and advisory services, Cropnuts is poised to increase the productivity of SME and smallholder farmers, in line with their “grow more with less” value proposition.