Climatetech Insurer OKO Raises 6-Digit Sum For Farming Resilience

Luxembourg-based agricultural climatetech insurer OKO has raised six-digit funding in a round led by Catalyst Fund. 

The undisclosed funding, which was also raised with two existing investors, will help the startup deepen partnerships with financial institutions, agritechs and agro-industries, which use climate insurance. As a result, OKO says it can help even more partners de-risk their activities in the face of escalating climate change challenges.

“With climate volatility intensifying across Africa, insurance is no longer optional,…