Ecodudu, a Kenyan based waste-to-value company, has secured an undisclosed investment from ShEquity, a fund focusing on empowering African women-led businesses. The company intends to use the funds for strategic investments into scaling and growth plans.
Founded by Starlin Farah and Adan Mohammed in 2016, Ecodudu uses a proprietary innovation to recycle organic waste into high-protein animal feed and organic fertilizer using the black soldier fly. The company harnesses insects (nature’s recycling agents) to address global issues which include waste management, demand for protein and environmental conservation
The investment in Ecodudu is ShEquity’s third investment into women-led businesses in Africa and this is due to Ecodudu’s innovative waste-to-value solutions using the Black Soldier Fly.
Ecodudu is a good fit for ShEquity’s investment criteria in being an innovative and tech-driven African venture with high scalability potential. Ecodudu’s focus on leveraging circular economy principles in our business as well as our proprietary approach to data-driven larvae rearing ensure that we can continue to grow and expand our business and impact.
“I am super excited about this investment into Ecodudu! There is no doubt that our future depends on how much we invest in building a sustainable living whereby we don’t harm the environment while building wealth. The challenge Ecodudu is addressing is a global challenge and it is about the future of humanity! Kudos again to the team, and at ShEquity, we look forward to working with the team to grow and scale this impactful and sustainable business.” Pauline Koelbl, ShEquity Founder & MD
“The time is long overdue for women to encourage more women to realize their goals and visions, Ecodudu offers special thanks to the ShEquity Team for choosing to walk the journey with us.” Starlin Farah, Ecodudu COO and Co-Founder
