What is Ibisa Network?
Founded in 2019 and headquartered in Luxembourg, Ibisa Network operates at the intersection of climate science, blockchain technology, and insurance. The company provides an Insurance as a Service platform that utilizes satellite imagery and automated actuarial models to deliver efficient, transparent, and rapid payouts to farmers affected by climate volatility. By removing the traditional friction associated with claims processing, Ibisa Network is effectively de-risking agricultural production in regions such as India, the Philippines, and Niger. Their market position is defined by a commitment to simplicity and technological efficiency, enabling global agriculture players and mutuals to offer robust protection where it is needed most.
How much funding has Ibisa Network raised?
Ibisa Network has raised a total of $4.7M across 2 funding rounds:
Angel/Seed
$1.7M
Other Financing Round
$3M
Angel/Seed (2021): $1.7M with participation from Insurtech Gateway and Rockstart
Other Financing Round (2024): $3M led by Acumen Resilient Agriculture Fund
Key Investors in Ibisa Network
Insurtech Gateway
Insurtech Gateway is a specialist insurtech incubator that invests early in mission-driven founders globally, helping them retain more equity while accelerating the process of obtaining authorization, underwriting capacity, and investment capital.
Rockstart
Rockstart is an early-stage investor dedicated to empowering purpose-driven founders in the domains of Energy, AgriFood, and Emerging Technologies, providing tailored support and market access.
Acumen Resilient Agriculture Fund
The Acumen Resilient Agriculture Fund is an impact fund focused on enhancing the climate resilience of smallholder farmers by investing in early-growth stage agribusinesses in Africa.
What's next for Ibisa Network?
With the infusion of this major enterprise-level funding, Ibisa Network is poised to accelerate its product development and deepen its penetration into high-growth agricultural sectors. The strategic roadmap likely involves enhancing the resolution of their satellite-based monitoring systems and expanding the reach of their blockchain-enabled payout infrastructure. As the company transitions from its early-stage development into a more mature scaling phase, the focus will shift toward establishing deeper partnerships with global insurers and local agricultural cooperatives. This capital will be instrumental in refining their risk-modeling capabilities, ensuring that the platform remains both scalable and responsive to the increasing frequency of climate-related disruptions in the global food supply chain.
See full Ibisa Network company page
