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 used as a 100% natural ingredient in the manufacturing of insecticides, pesticides, and other agricultural and household formulations.Finnfund has invested USD 0.5 million to support operations in Kenya. Main development impact The project has a great impact on smallholder farmers' livelihoods, as growing pyrethrum provides farmers with a steady income of over four times more than from alternative crops, as well as timely payments throughout the year.The end product provides a healthier and environmentally friendly alternative to current synthetic versions of active ingredients in pesticides, creating an unusually attractive market opportunity as there is a global movement away from synthetic pesticides.Kentegra is a 2X classified project and is considered a climate change adaptation project both at the company and society/system levels due to the introduction of 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): June 2024 Currency: USD Finnfund's financing (commitment): 500,000 Instrument: Mezzanine Size of the project financing: USD 3,000,000 Share of Finnfund's financing (%): 17 % 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 October 2022 USD 5,000,000 Equity June 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): 500,000 Signing date (month/year): June 2024 Last update: 13 December 2024