Ignitia secures SEK 10M from Norrsken Foundation, Hack VC and FINCA Ventures

Sweden Investments 24 August 2018
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Ignitia, a Stockholm, Sweden-based startup providing a hyperlocal weather service to local farmers from Africa, secured, SEK 10M ($1.1M) in capital investment. The investors include Norrsken Foundation, Hack VC and FINCA Ventures.

Ignitia, founded in 2010 by founded by Liisa Smits and Andreas Vallgren, delivers weather alerts via SMS fo smal farmers from Africa, in countries such as Mali, Nigeria or Ghana. The service is used by about 450,000 users and costs on average 4 cents per sms.