IKEA Social Entrepreneurship supports Ignitia to scale its tropical weather forecast service to millions of farmers working in the tropical belts.
Ignitia provides smallholder farmers with accurate weather forecasts so they can better align their farming activities with –now predictable– localised weather patterns. This allows the farmers to better plan their activities and reduce costs for fertilizers, lead to higher yields and improve the farmers’ income.
By supporting Ignitia to scale their enterprise, IKEA Social Entrepreneurship B.V made its first-ever equity investment. Ignitia will use this investment to grow their team, add new supercomputer capacity and look to extend their weather services into new regions.