FastForward Tech Request for Livestock-Tech Startups

Unlock prosperity in Africa through technology

Fast Forward Venture Studios has partnered with GIZ’s Scaling digital agriculture innovations through start-ups (SAIS) to incubate and validate commercial sustainable livestock tech ventures in the earliest days. This is as opposed to grants toward unsustainable ventures in the livestock and allied industries. Our definition of livestock is broad and includes the whole value chain from inputs, feeding, storage, genetics, breeding, vaccines, aquaculture, blue economy, governance, finance, etc. 

We will work with you to validate your opportunity to achieve solid unit economics and at least $20k MRR or a similar milestone and invest up to $100k cash in each company in exchange for equity in your startup. We will work with up to 10 startups initially and intend to invest up to $100k cash in at least three companies that hit those milestones after six months. In addition, we will introduce these startups to other investors; local, regional, and global customers as relevant through the GIZ and Fast Forward networks.

Ideas we like today

  • Core R&D, engineering that reduces the cost of anything by a factor of 3 minimum with little trade-off in efficiency.
  • Open drug, vaccine database – local subs, DIY alternatives, non-patent infringing solutions that also work. 
  • Efficient Manufacturing or Processing solutions
  • Sharing Economy in Agriculture 
  • Free/open-source software
  • Fintechization of Agric
  • Existing profitable ventures seeking digital transformation.
  • Core Infrastructure Services useful for livestock but with a larger scope

Overview

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Closes December 31, 2024
Organizer Fast Forward Venture Studio
Website Visit website
Targets Africa
Sectors Agritech

Activity