FasterCapital is helping Zambia-based Joseph Kalaba Enterprise in raising $1.5M

2024-11-27 06:47:23 Business

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Joseph Kalaba Enterprise is a company based in Zambia whose mission is to maintain soil fertility while maintaining yield productivity and year to year stability. The company is trying to impact the farming sector positively in contributing to the increase in crop productive even by taking 20% increase.

Joseph Kalaba Enterprise has joined the LaunchUp program by FasterCapital in order to raise a capital of $1.5M. The startup is founded by Joseph Kalaba and Derick Kamona Lombe.

The LaunchUp program helps startups in getting funded and closing their seed, series A, series B, or series C startups. The team at FasterCapital matches the startup with over 155K angel investors and 32K VCs around the world.

Mr. Hesham Zreik, CEO of FasterCapital, commented, "Our team is more than pleased to support the team at Joseph Kalaba Enterprise in their business analysis and in seeking capital."

Mr. Joseph Kalaba, founder of the company, has commented, “Looking forward to the support the team at FasterCapital is going to provide us with. Thank you very much to the team.”

About Us

FasterCapital is #1 online incubator/accelerator that operates on a global level. We provide technical development and business development services per equity for startups. We provide these services under co-funding and co-founding methodology, i.e. FasterCapital will become technical cofounder or business cofounder of the startup. We also help startups that are raising money by connecting them to more than 155,000 angel investors and more than 50,000 funding institutions.

We have helped more than 724 startups raise more than $2.2B, we have invested over $685M in 276 startups and we have a big worldwide network of 155,000 angel investors, 50,000 funding institutions, 1000 mentors, 1000 regional partners and representatives.

FasterCapital operates as FasterCapital LLC-FZ, a duly registered entity in Dubai. Our registration number is 2416362.