Village Capital invests $150,000 in Rhea & Regxta, 2 Women-led Startups

Recently, Village Capital has made an investment of $150,000 in 2 innovative startups that are led by women i.e., Rhea Soil Health Management (Rhea) and Regxta. The investment has been made via Women in Tech Financing Facility of Standard Chartered, created towards assisting Futuremakers program alumni of SC.

Operating from Kenya, Rhea looks forward towards empowering smallholder farmers by offering them with affordable and accessible soil that are testing solutions that enhance crop yields while improving the health of the soil. In addition, Regxta is base in Nigeria that aims at advancing financial inclusion with offerings of tailored financial services specific to micro, small, and medium-sized enterprises (MSMEs).

Rhea founder Priscilla Wakarera stated, “Building a science-driven hardware-software business in Africa’s agritech sector is challenging, especially with the need for continuous R&D and market-driven innovation. Village Capital’s investment will help us finalize the production of our Agripad devices, expand our agent network, and strengthen our impact on smallholder farmers and agronomists across Kenya.”

Moreover, Regxta founder Rukayat Bello added, “Village Capital’s investment arrived at a crucial time, enabling us to expand our reach, secure a microfinance banking license, and enter new markets. This support affirms Regxta’s position as a high-impact startup driving poverty reduction, fostering economic growth, and creating sustainable opportunities for underserved communities in Nigeria.”