GJO & PartnersInvest Matching

Agribusiness in Madagascar: funding deals and active investors

One of the best-documented segments on the platform. Latest rounds, investors who lead them, tickets and instruments — Agribusiness, Madagascar.

11

deals recorded

1

over 12 months

20 k$

median disclosed ticket

3

identified investors

Key findings

  • 11 funding deals recorded (Agribusiness, Madagascar) since 2021, involving 11 companies and 3 identified investors. 1 of them over the last 12 months.
  • Median disclosed ticket: 20 k$; half of the deals fall between 5 k$ and 20 k$ (7 amounts disclosed out of 11, 10.1 M$ in total).
  • Where the money goes: Honey, botanicals and natural ingredients (27 %), Fruit, vegetables and market gardening (18 %), Food processing (18 %).
  • Most frequent stage: Pre-Seed (64 %); most used instrument: Grant (64 %).
  • Most active investors: Miarakap (9), Africa Jobs Fund (1), Mirova Natural Capital (1).
  • 0 % of deals are syndicated (at least two investors around the table).

Industries

  • Honey, botanicals and natural ingredients3
  • Fruit, vegetables and market gardening2
  • Food processing2
  • Cocoa, coffee and export crops1
  • Livestock and animal production1

Stages

  • Pre-Seed7
  • Growth3

Instruments

  • Grant7
  • Equity3
  • Senior debt1

Deals per year

YearDealsDisclosed amounts
20211—
2022910.1 M$
20261—

Most active investors

Latest deals

CompanyDateDisclosed amountsLead
Exporters Without BordersFood processing · MadagascarSept 2026undisclosedAfrica Jobs Fundsource
Aqre GroupHoney, botanicals and natural ingredients · Madagascar · GrowthOct 202210 M$Mirova Natural Capitalsource
ADI'Gasy CompanyAgricultural inputs and services · Madagascar · Pre-SeedJan 202220 k$Miarakapsource
Senteurs et Saveurs du Monde - Ilanga NatureHoney, botanicals and natural ingredients · Madagascar · GrowthJan 2022undisclosedMiarakapsource
MycofarmFruit, vegetables and market gardening · Madagascar · Pre-SeedJan 20225 k$Miarakapsource
Ando PepiniereForestry, agroforestry and carbon · Madagascar · Pre-SeedJan 202220 k$Miarakapsource
Honey of MadagascarHoney, botanicals and natural ingredients · Madagascar · Pre-SeedJan 202220 k$Miarakapsource
EXA Food (EXA Miarakap Madagascar)Livestock and animal production · Madagascar · GrowthJan 2022undisclosedMiarakapsource
ECTACocoa, coffee and export crops · Madagascar · Pre-SeedJan 20225 k$Miarakapsource
SoanayFruit, vegetables and market gardening · Madagascar · Pre-SeedJan 20225 k$Miarakapsource
MalakassFood processing · Madagascar · Pre-SeedJan 2021undisclosedMiarakapsource
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See also

Method: published funding deals (press releases, specialised media), recorded by Invest Matching's news monitoring and reviewed before integration. Amounts in US dollars; deals without a disclosed amount count in the totals, not in the medians.