Home Kentegra Biotechnology Holdings LLC Kentegra Biotechnology Holdings LLC In brief Kentegra Biotechnology produces Pale Refined Extract from the pyrethrum flower sourced from smallholders in Kenya. The extract is a 100% natural ingredient in manufacturing insecticides, pesticides, and other agricultural and household formulations. Finnfund is investing USD 5 million in equity to support building a new processing facility in Kenya to expand the production capacity. Main development impact The company greatly impacts smallholder farmers' livelihoods as growing pyrethrum provides farmers with a steady income of over four times more than from alternative crops and timely payments throughout the year. The end product provides a healthier and environmentally friendly alternative to current synthetic versions of active pesticide ingredients, creating an unusually attractive market opportunity as there is a global movement away from synthetic pesticides. Kentegra is a 2X classified investment and is also considered a climate change adaptation investment at the company, society, and system levels due to introducing more climate-smart farming practices. Investment details Name: Kentegra Biotechnology Holdings LLC Project number: 80000403 Region: Africa Country: Kenya Sector: Agriculture Signing date (month/year): October 2022 Currency: USD Finnfund's financing (commitment): 5,000,000 Instrument: Equity Size of the project financing: USD 15,000,000 Share of Finnfund's financing (%): 33 % Status: Active Please note, that in principle, this information is given at the time of signature according to Finnfund's disclosure policy. However, in the case of investment funds, the share of Finnfund’s financing (%) is disclosed after the fund’s final closing, and information on the portfolio companies financed by the fund is updated at least once a year. Other investments Name Country Signing date (month/year) Currency Finnfund's financing (commitment) Instrument Kentegra Biotechnology Holdings LLC Kenya June 2024 USD 500,000 Mezzanine October Read our transparency and disclosure policy More information: Ajankohtaista ja julkaisut Nykyiset investoinnit Toimialat Yhteystiedot Key facts Name: Kentegra Biotechnology Holdings LLC Sector: Agriculture Region: Africa Country: Kenya Currency: USD Finnfund's financing (commitment): 5,000,000 Signing date (month/year): October 2022 Last update: March 2023