Food Flourish Ventures Portfolio

Food Flourish Ventures is embarking on building its portfolio and will provide updates here.

Our goal is to catalyse the business of post-farm agri-food SMEs to grow and scale – thereby generating economic returns and broad social impact.

This has been demonstrated by our partners, Partners in Food Solutions in the past.

Case Study

Kenyan macadamia processor

Financing and food technical assistance enabled 3.5 X in revenue and EBITDA over 4 years.

A processor of macadamia nuts, set up in 2019, led by a dynamic trio of Kenyan female entrepreneurs, passionate and purposeful about creating sustainable and inclusive agribusiness value chains. Today the company is generating 3.8 m USD in revenue.

Partners in Food Solutions support

Partners in Food Solutions provided critical support across multiple areas, starting with a quality assessment and a review of factory layout and processing lines. This led to improved compliance with occupational health and safety standards and enabled the company to access the U.S. market, which now accounts for 50% of its production. The team also supported process development for cold-pressed macadamia oil, helping the client prepare for an FDA audit and refine its retail packaging design. Additionally, two rounds of small-ticket financing were facilitated for the purchase and installation of a macadamia nut roaster and conveyor belts, complemented by expert consultation on equipment selection and capital expenditure planning.

Impact

Business performance

  • Revenue and EBITDA increased 3.5 X in 4 years
  • Optimized product quality
  • Achieved access to foreign markets (incl. USA, Spain, Netherlands, Germany, Canada)

Broader impact

  • 162 jobs (FTE) created and secured, thereof 101 women
  • 10,000+ macadamia farmers qualified in the supply chain, 34% women