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Since 2023, Acumen Resilient Agriculture Fund (ARAF) has backed 3 African startups across 3 disclosed funding rounds totaling $37M, most heavily in Kenya and Agri Tech.
Acumen Resilient Agriculture Fund (ARAF) is a $58 million fund sponsored by Acumen and managed by Acumen Capital Partners, a wholly owned subsidiary of Acumen. It is focused on building the climate resilience of smallholder farmers in Africa through equity investments and grant-funded technical assistance. ARAF invests in early and early-growth stage agribusinesses, with a focus on East and West Africa. Its stated sectors include scalable agribusinesses that improve market access, climate adaptation, productivity, and incomes for smallholder farmers. The fund is designed to support businesses that help farmers anticipate, weather, and recover from climate events. The fund’s portfolio and strategy emphasize practical services for smallholder farmers, including agronomy training, quality inputs, direct market access, and innovative financial services. ARAF is supported by a range of institutional backers, including the Green Climate Fund, FMO, the Soros Economic Development Fund, Proparco, the Children’s Investment Fund Foundation, Global Social Impact, and the IKEA Foundation.
Data updated · Jul 29, 2026
Acumen Resilient Agriculture Fund (ARAF) has backed 3 African startups across 3 disclosed funding rounds tracked on Liners, totaling $37M since 2023.
Mostly Pre-Series A: 2 of its 3 tracked rounds are at that stage, followed by Series B (1).
Its tracked rounds lean toward Agri Tech (4).
Acumen Resilient Agriculture Fund (ARAF) most often shares rounds with Climate Resilience Africa Fund (CRAF) (1 shared deal), Marula Square (1 shared deal), Plug and Play (1 shared deal).
Based on the investment data provided, ARAF has backed Winich Farms in Nigeria, SunCulture in Kenya, and Complete Farmer in Ghana. These investments were made between September 2023 and October 2024.
According to the fund’s published strategy, ARAF uses equity investments and also supports portfolio companies through a grant-funded Technical Assistance Facility. This is intended to strengthen farmer resilience and business performance.