OKO Raises $1.2M Seed Led By Newfund and ResiliAnce

OKO Raises $1.2M Seed Led By Newfund and ResiliAnce
OKO Raises $1.2M Seed Led By Newfund and ResiliAnce
OKO has closed a seed investment of USD$1.2 million, and will use part of the funding to strengthen its presence in Mali and Uganda as well as expand its operations to more markets across Africa.
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OKO team poses for a group photo. OKO secures farmers’ income in emerging countries using automated insurance solutions. (COURTESY PHOTO/OKO)
OKO has closed a seed investment of USD$1.2 million (approx. UGX4.4 billion) in a funding-round led by by Newfund and ResiliAnce. Other investors including; Mercy Corps Venture, Techstars, ImpactAssets, and RaSa also participated in the round.

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