# Agtech startup funding, October 2026: East Africa Foods's $40M Series B leads 17 rounds

> We read 17 equity rounds in Agtech announced in October 2026, raising $139M between them: 2% of all the rounds we read that month and 0% of the money.

Source: https://millionrounds.com/news/monthly/2026-10/sector/agtech (Millionrounds; every figure on the page links to its filing or article)

Equity rounds **17** in Agtech, 14 with an amount

Raised **$139M** across those rounds

Lead named **71%** of rounds say who led

Share of the month **2%** of rounds; 0% of the money

## The biggest rounds

- [1 E **East Africa Foods** Series B · Tanzania · led by InfraCo **$40M**](https://millionrounds.com/company/east-africa-foods)
- [2 **Kinish** Series A · Japan **$31M**](https://millionrounds.com/company/kinish)
- [3 **IMIO** Seed · United States · led by Sofinnova Partners **$12M**](https://millionrounds.com/company/imio)
- [4 E **Electric Plant** Seed · led by Climactic VC, ReGen Ventures **$11M**](https://millionrounds.com/company/electric-plant)
- [5 **CarbonFarm** Series A · France · led by Colam Impact **$7.8M**](https://millionrounds.com/company/carbonfarm)
- [6 **Kodama** Seed · United States · led by Konvoy Ventures, Breakwater Ventures **$7.0M**](https://millionrounds.com/company/kodama)
- [7 O **Orana** Growth · Denmark · led by Impact Fund Denmark (formerly IFU) **$6.0M**](https://millionrounds.com/company/orana)
- [8 M **Molagri** Seed · Canada · led by Convective Capital **$5.8M**](https://millionrounds.com/company/molagri)
- [9 **OlsAro** Seed · Sweden · led by Industrifonden, Nordic FoodTech VC **$5.5M**](https://millionrounds.com/company/olsaro)
- [10 **hexafarms** Seed · Germany · led by Ananda Impact Ventures, Green Generation Fund **$5.4M**](https://millionrounds.com/company/hexafarms)

## Day by day

Equity rounds in Agtech announced each day of October. The busiest day was 13 October, with 2.

1 October 31 October

## By stage, against the year

Each stage's median this month beside its twelve-month median: the sector's own where we hold enough rounds for a benchmark, otherwise the one across all sectors.

[Pre-seed](https://millionrounds.com/benchmarks/pre-seed) *3* **$1.8M** this month **$2.0M** 12 months, all sectors

[Seed](https://millionrounds.com/benchmarks/seed) *7* **$5.8M** this month **$5.5M** 12 months, all sectors

[Series A](https://millionrounds.com/benchmarks/series-a) *3* **$7.8M** this month **$20M** 12 months, all sectors

[Series B](https://millionrounds.com/benchmarks/series-b) *2* **$40M** this month **$50M** 12 months, all sectors

[Growth](https://millionrounds.com/benchmarks/growth) *2* **$6.0M** this month **$113M** 12 months, all sectors

## Where

- Germany **3**
- [United States](https://millionrounds.com/news/monthly/2026-10/united-states) **3**
- [Japan](https://millionrounds.com/news/monthly/2026-10/japan) **2**
- [France](https://millionrounds.com/news/monthly/2026-10/france) **1**
- [Canada](https://millionrounds.com/news/monthly/2026-10/canada) **1**
- Italy **1**
- Sweden **1**
- Tanzania **1**

Germany had the most Agtech rounds this month.

## Against the month

- Rounds, Agtech **17**
- Rounds, all sectors **733**
- Raised, Agtech **$139M**
- Raised, all sectors **$59B**

[The whole of October 2026](https://millionrounds.com/news/monthly/2026-10)

## Other sectors in October

[411 rounds **AI** *→*](https://millionrounds.com/news/monthly/2026-10/sector/ai)[100 rounds **Fintech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/fintech)[72 rounds **Healthcare** *→*](https://millionrounds.com/news/monthly/2026-10/sector/healthcare)[67 rounds **Software** *→*](https://millionrounds.com/news/monthly/2026-10/sector/software)[67 rounds **Robotics** *→*](https://millionrounds.com/news/monthly/2026-10/sector/robotics)[56 rounds **Manufacturing** *→*](https://millionrounds.com/news/monthly/2026-10/sector/manufacturing)[44 rounds **SaaS** *→*](https://millionrounds.com/news/monthly/2026-10/sector/saas)[44 rounds **Construction** *→*](https://millionrounds.com/news/monthly/2026-10/sector/construction)[42 rounds **Hardware & Electronics** *→*](https://millionrounds.com/news/monthly/2026-10/sector/hardware)[41 rounds **Biotech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/biotech)[34 rounds **Big Data & Analytics** *→*](https://millionrounds.com/news/monthly/2026-10/sector/big-data)[33 rounds **Energy** *→*](https://millionrounds.com/news/monthly/2026-10/sector/energy)[33 rounds **Logistics** *→*](https://millionrounds.com/news/monthly/2026-10/sector/logistics)[32 rounds **Enterprise Software** *→*](https://millionrounds.com/news/monthly/2026-10/sector/enterprise-software)[29 rounds **Aerospace & Space** *→*](https://millionrounds.com/news/monthly/2026-10/sector/aerospace)[29 rounds **Healthtech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/healthtech)[28 rounds **Cybersecurity** *→*](https://millionrounds.com/news/monthly/2026-10/sector/cybersecurity)[26 rounds **Defence Tech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/defensetech)[25 rounds **Cloud** *→*](https://millionrounds.com/news/monthly/2026-10/sector/cloud)[24 rounds **Entertainment** *→*](https://millionrounds.com/news/monthly/2026-10/sector/entertainment)[23 rounds **B2C** *→*](https://millionrounds.com/news/monthly/2026-10/sector/b2c)[23 rounds **Financial Services** *→*](https://millionrounds.com/news/monthly/2026-10/sector/financial-services)[22 rounds **Medical Devices** *→*](https://millionrounds.com/news/monthly/2026-10/sector/medical-device)[20 rounds **Cleantech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/cleantech)[19 rounds **E-commerce** *→*](https://millionrounds.com/news/monthly/2026-10/sector/ecommerce)[19 rounds **Food & Beverage** *→*](https://millionrounds.com/news/monthly/2026-10/sector/food-beverage)[18 rounds **Real Estate** *→*](https://millionrounds.com/news/monthly/2026-10/sector/real-estate)[18 rounds **Deeptech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/deeptech)[18 rounds **Semiconductors** *→*](https://millionrounds.com/news/monthly/2026-10/sector/semiconductors)[16 rounds **Developer Tools** *→*](https://millionrounds.com/news/monthly/2026-10/sector/developer-tools)[15 rounds **Web3 & Crypto** *→*](https://millionrounds.com/news/monthly/2026-10/sector/web3)[15 rounds **Retail** *→*](https://millionrounds.com/news/monthly/2026-10/sector/retail)[15 rounds **Martech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/martech)[14 rounds **Supply Chain** *→*](https://millionrounds.com/news/monthly/2026-10/sector/supply-chain)[14 rounds **Insurtech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/insurtech)[14 rounds **Telecoms** *→*](https://millionrounds.com/news/monthly/2026-10/sector/telecom)[14 rounds **Climate Tech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/climate)[13 rounds **Regtech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/regtech)[13 rounds **Automotive & EVs** *→*](https://millionrounds.com/news/monthly/2026-10/sector/automotive)[13 rounds **Chemicals & Materials** *→*](https://millionrounds.com/news/monthly/2026-10/sector/chemicals)[12 rounds **Future of Work** *→*](https://millionrounds.com/news/monthly/2026-10/sector/future-of-work)[12 rounds **B2B** *→*](https://millionrounds.com/news/monthly/2026-10/sector/b2b)[12 rounds **Media** *→*](https://millionrounds.com/news/monthly/2026-10/sector/media)[12 rounds **Gaming** *→*](https://millionrounds.com/news/monthly/2026-10/sector/gaming)[11 rounds **Professional Services** *→*](https://millionrounds.com/news/monthly/2026-10/sector/consulting)[11 rounds **Marketplaces** *→*](https://millionrounds.com/news/monthly/2026-10/sector/marketplace)[11 rounds **HR Tech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/hrtech)[11 rounds **Education** *→*](https://millionrounds.com/news/monthly/2026-10/sector/education)[11 rounds **Salestech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/salestech)[10 rounds **Proptech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/proptech)[10 rounds **Pharma** *→*](https://millionrounds.com/news/monthly/2026-10/sector/pharma)[10 rounds **Fashion** *→*](https://millionrounds.com/news/monthly/2026-10/sector/fashion)[10 rounds **Travel & Hospitality** *→*](https://millionrounds.com/news/monthly/2026-10/sector/traveltech)

**How this roundup is made**

It is written from the rounds we read that month in named articles and filings, by the sectors we file each company under; a company can sit in more than one, so sector roundups overlap. Only equity rounds with a stage count; debt, grants and public companies' raises do not. Each sector with 10 or more equity rounds in a month gets its own roundup. We read more sources every month, so compare medians, not totals. [How we read rounds](https://millionrounds.com/methodology) · [Report a mistake](https://millionrounds.com/corrections)
