Twiga Foods
PrivateLast Round
Convertible Debt
Dec 1, 2023
Total Funding Raised
$166.65M
Company Overview
Twiga Foods operates in Consumer & Commerce and is based in Nairobi. Its latest recorded funding round was a Convertible Debt round in December 2023.
Twiga Foods is an agricultural technology company that operates a mobile-based B2B marketplace connecting farmers with vendors to streamline the food supply chain in Africa.
Sector
Consumer & Commerce
Verticals
Supply Chain, E-commerce, Retail Technology, Last-Mile Delivery
Business Model
B2B
Customer Profile
Marketplace Commission, Services & Consulting
AI Layer
Application
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Twiga Foods Comparables
Compare Twiga Foods with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Wasoko | 87% | |
| TradeDepot | 84% | |
| Taimba Limited | 84% |
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Twiga Foods Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Convertible Debt | Dec 1, 2023 | ||||
| Series C | Nov 1, 2021 | ||||
| Debt | Oct 30, 2020 | ||||
| Debt | Oct 28, 2019 | ||||
| Series B | Oct 28, 2019 | ||||
VC Round | Nov 15, 2018 |
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Key People
Founding team and executive leadership
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Twiga Foods Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| USAID | Grant |
| Wamda Capital | Series B, VC Round, Series A |
| The World Bank Group | VC Round |
| 76fwd | Series A, VC Round |
| GSMA | Grant |
| Uqalo | Series A |
| International Finance Corporation | Debt, Series C, Series B, VC Round |
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Market signals
Structured signals derived from secondary market and firmographic data.
- Jun 9, 2025
Moving distribution hub closer to Nairobi's central commercial zones.
- May 24, 2025
Created a new holding company as part of restructuring.
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Recent news
Latest coverage and updates
- has_issues_withOct 7, 2026
Twiga has issues with debt after multiple restructuring rounds, hundreds of job cuts, and overdue supplier payables culminate in a $260,000 dispute with cloud provider Incentro Africa, which later settles out of court.
- declares_bankruptcyOct 7, 2026
Twiga, a Kenya-based agrifoodtech marketplace, enters administration, underscoring a shift toward more patient capital and cash-flow-based business models in African agrifoodtech.
- has_issues_withOct 7, 2026
Twiga undergoes restructuring, cuts hundreds of jobs, falls behind on supplier payables, and faces a $260,000 debt dispute with cloud provider Incentro Africa that is settled out of court.
- receives_financingOct 7, 2026
Twiga raises $185M in financing, backed by IFC and TLcom and including a $30M Series B led by Goldman Sachs in 2019 and a $50M Series C led by Creadev in 2021.
- declares_bankruptcySep 30, 2026
Twiga entered administration in Kenya.
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Twiga Foods Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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Frequently Asked Questions
Common questions about Twiga Foods's valuation, stock price, and market status.
Is Twiga Foods a public or private company?
Twiga Foods is a private company.
What is the current stock price of Twiga Foods?
Twiga Foods is a private company, so its shares have no public market price. Caplight tracks Twiga Foods's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Twiga Foods worth (valuation)?
Valuation information for Twiga Foods is not publicly available.
Can I buy Twiga Foods stock?
Twiga Foods shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Twiga Foods's last funding round?
Twiga Foods's most recent funding round was Convertible Debt on December 1, 2023.
Who are the main investors in Twiga Foods?
Key investors in Twiga Foods include Wamda Capital, International Finance Corporation, DOB Equity, Wamda Capital, Creadev.
Will Twiga Foods IPO soon?
No public IPO plans have been announced for Twiga Foods.
How can I track Twiga Foods secondary market activity?
Caplight tracks bids, offers, and trades in Twiga Foods's shares on secondary markets.