Ignitia is supported by IKEA Social Entrepreneurship to scale its tropical weather forecasting business to 3.7 million clients by 2022, both in Africa and beyond.
IKEA Social Entrepreneurship supports Ignitia to reach smaller holder farmers with accurate weather forecasts to allow them to better align their farming activities with the –now predictable- weather situation. The improved farming reduces costs for fertilizers, leads to higher yields and hence higher farmers’ income.
By supporting Ignitia to scale their business IKEA Social Entrepreneurship B.V has made its first-ever equity investment in a social enterprise. Ignitia will use this investment for team expansion, marketing and additional supercomputer capacity.