This 6-month-old startup has raised $2m to aggregate environmental data on Africa

The news:

• Kenyan-based climate-tech startup Amini has raised $2 million in a pre-seed round to make data accessible on Africa's environment.
• The startup, which launched six months ago, uses artificial intelligence and satellite technology to gather data on Africa from about 20 years ago.
• The round was led by Pale Blue Dot, with participation from Superorganism, RaliCap, and W3i.

Kate Kallot, the Founder and CEO of Amini, has taken on roles in artificial intelligence (AI), machine learning, and deep tech at companies such as Intel and Nvidia before she founded the climate tech startup, Amini.

While fintech dominates startup funding in Africa, climate tech startups are starting to get attention from investors. Interestingly, this comes at a time when startup funding on the continent is soft-pedalling.

In 2022, climate tech startups raised $860 million in equity funding.

Amini is one of the clean tech startups on the continent that has caught the attention of investors.

Unlike most cleantech startups focusing on generating clean energy, Amini's solution is not one you see frequently with cleantech startups.

Per TechCrunch, the startup has raised $2 million in a pre-seed round led by climate-focused venture capital firm, Pale Blue Dot to solve Africa's environmental data gap.

Other investors in the round include Superorganism, RaliCap, and Emurgo Kepple Ventures.

The startup uses AI and satellite technology to gather data on Africa's environment.

Launched six months ago, the startup has a data aggregation platform that helps organisations understand the impact of floods, famine, and natural disasters in Africa from as far back as 20 years ago.

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Organisations that need this data will gate access to Amini's API for a flat fee that runs into millions of dollars. This fee gives them access to the platform for two years.

With pressure from international regulators for companies to go green, Amini could be the one-stop shop for multi-national companies who want to understand their carbon footprint on the continent

Featured image source: TechCrunch