Upgrow Rwanda Ltd
CONFIDENTIAL
42 documents
Last updated: 1 June 2026
🌱 SCALABLE FOOD INFRASTRUCTURE
Building Rwanda's distributed food production network.
Upgrow Rwanda Ltd is a Rwandan controlled-environment agriculture company. We deploy commercial aeroponic towers across a tiered network of farmer-hosted sites and Upgrow-owned greenhouses to build predictable, contract-based food supply for hotels, supermarkets, and institutional buyers — starting in Kigali, scaling across East Africa.
This data room contains every primary document required for institutional due diligence. Start with the Master Strategy in Section 04, or search any topic above.
0towers
Aeroponic towers · 952 plant-sites
0crops
Pilot varieties under test
0LOIs
Signed buyer commitments
0MoU
Signed with MINAGRI Rwanda
5Km²
Scaling land already secured
Browse Sections
SECTION 01
Corporate
RDB Certificate of Incorporation, trademark filings, and core governance instruments (shareholders’ agreement, bylaws, cap table).
SECTION 02
Financials
Locked Financial Model v7, tower invoice, and greenhouse quotation — all source documents.
SECTION 03
Partnerships
Signed MINAGRI MoU + annexes, USDA Letter of Support, buyer Letters of Intent.
SECTION 04
Strategy & Pitch
Master Strategy v1.0 — the canonical company document. Pitch Deck v7 and Pilot Brief.
SECTION 05
Product & Operations
15-crop pilot list, Crop Universe, pilot data collection framework.
SECTION 06
Team
Signed core-team agreements, agritech division structure, and team schedule.
SECTION 07
Brand
Official letterhead, logos, brand assets. Live website at upgrowrwanda.com.
SECTION 08
Market Intelligence
Founder-led buyer research and Kigali wholesale market pricing survey.
SECTION 09
Land Assets
Registered title for the 5,229 m² scaling land — two contiguous parcels on 99-year agricultural leases.
01Corporate
Official Rwanda Development Board (RDB) registration and intellectual property filings establishing Upgrow Rwanda Ltd as a legal Rwandan entity.
RDB Certificate of Domestic Company Incorporation
Company Code 134202981 · Registered 16 April 2025 · Limited by Shares · Kinyinya, Gasabo, Kigali. Includes shareholders, directors, business activity codes.
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UPGROW Trademark — Acceptance Letter
Application RW/T/2026/333 · Accepted 10 April 2026 · Filed in Classes 1, 40, 42, 44 (agricultural & scientific services). Pending gazette publication.
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Shareholders’ Agreement
Ownership, founder authority, vesting, transfer restrictions, confidentiality, and governance. Updated 22 June 2026.
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Company Bylaws
Governance rules: share capital, meetings, officers, reserved matters, finance, and amendments. Updated 22 June 2026.
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Cap Table & Vesting Annex
Fully diluted ownership and per-holder vesting. Schedule A to the Shareholders’ Agreement. Updated 22 June 2026.
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02Financials
The locked Financial Model v7 is the single source of truth for all pilot and scaling economics. Tower invoice and greenhouse quotation document actual CAPEX commitments.
Upgrow Financial Model — v7
Canonical financial model anchoring all unit economics, CAPEX/OPEX per archetype, and scaling-stage projections. Locked baseline pending pilot data.
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Upgrow Financial Model — v7 (Working Spreadsheet)
Editable Excel workbook for sensitivity analysis. Same numbers as the PDF, with live formulas.
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Agrotonomy / Tower Farms — Invoice #2025-494
Commercial aeroponic tower order: 7 LD towers (52 plant-sites each) + 3 HD towers (196 plant-sites each) = 952 total plant-sites. Issued 30 April 2025.
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CFGET — Greenhouse Quotation (Reference)
Reference cost quotation for a 153.6 m² single-span Gothic polycarbonate greenhouse with environmental control. Quote #CF26030055, issued 31 March 2026, EXW China. Not yet purchased — included as part of the investor ask to fund a climate-controlled production environment for premium and export crops.
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03Partnerships & LOIs
Institutional partnerships and buyer Letters of Intent. The MINAGRI MoU establishes formal alignment with Rwanda's agriculture transformation plan (PSTA 5).
MoU — Upgrow Rwanda & MINAGRI (Final)
Signed Memorandum of Understanding with Rwanda's Ministry of Agriculture and Animal Resources. Aligned with PSTA 5 — the national agriculture transformation plan.
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MINAGRI MoU — Annexes 1, 2, 3
Operational annexes covering specific deliverables, governance, and review cadence.
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USDA SCRI Letter of Support — Bailey Flint, CSO
Letter from Upgrow's CSO supporting a USDA Specialty Crop Research Initiative (University of Maine). Bailey joins as Stakeholder Advisory Board member — credibility signal of Upgrow's scientific network.
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LOI — Simba Supermarket Ltd
Signed Letter of Intent from Simba Supermarket, a major Kigali grocery retailer, to test and source Upgrow produce during the pilot phase.
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LOI — Kultura Fine Dining
Signed Letter of Intent from Kultura, a Kibagabaga fine-dining restaurant, to evaluate Upgrow produce for sourcing.
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LOI — Mocha Cafe
Signed Letter of Intent from Mocha Cafe (Gacuriro) to test and source Upgrow produce during the pilot phase.
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LOI — Ugarit Restaurant
Signed Letter of Intent from Ugarit, a Mediterranean restaurant in Kigali, to evaluate Upgrow produce for sourcing.
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LOI — Yummy Joker
Signed Letter of Intent from Yummy Joker (KG 9) to test and source Upgrow produce during the pilot phase.
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LOI — Farmhouse Rwanda (Foothills Farm Ltd)
Signed and stamped Letter of Intent from Farmhouse Rwanda (Musanze / Kinigi) to evaluate Upgrow produce for sourcing.
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LOI — Soleluna (Italian Restaurant)
Signed and stamped Letter of Intent from Soleluna Ltd, an Italian pizzeria and restaurant in Kigali, to evaluate Upgrow produce for sourcing.
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LOI — Casamia (The Court Boutique Hotel)
Signed and stamped Letter of Intent from Casamia / The Court Boutique Hotel (KG 628 St, Kigali) to evaluate Upgrow produce for sourcing.
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LOI — The Den Restaurant (Karu Group Ltd)
Letter of Intent from The Den Restaurant, operated by Karu Group Ltd (Kicukiro / Niboye), to test and source Upgrow produce. Counterparty details completed; countersignature being finalized.
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LOI — Kigali Lounge
Letter of Intent from Kigali Lounge (KG 12 Avenue, Nyarutarama) to test and source Upgrow produce. Counterparty details completed; countersignature being finalized.
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04Strategy & Pitch
The Master Strategy is the canonical company document — every other document derives from it. The Pitch Deck is the visual investor-facing summary. The Pilot Brief explains the current 10-tower pilot in detail.
Master Strategy + System Blueprint — v1.0
The canonical 39-page strategy document. Network model, 3 deployment archetypes, scaling stages, unit economics, regulatory landscape, financing strategy, team structure, risk register. Start here.
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Upgrow Pitch Deck — v7
Visual investor pitch deck. Story, market, model, team, traction, ask.
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Upgrow Pilot Brief
Focused brief on the 10-tower pilot phase: scope, crops, partners, success metrics, 6–12 month timeline.
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05Product & Operations
Pilot crop selection, the broader crop universe under consideration, and the operational framework for measuring pilot performance.
Pilot Crop Selection Strategy — V3
Final revised crop selection strategy from the Head of Agritech: 13 LD + 2 HD crops = 15 varieties across Leafy Greens, Local Herbs, and Export categories. Each crop mapped to MINAGRI MoU reporting category, with yield estimates, growth cycles, primary market, and pilot test objective. Appendix A contains the CEO's pre-meeting review notes — evidence of Upgrow's active document review cycle and operational governance discipline.
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Upgrow Crop Universe
Full universe of candidate crops evaluated for the network. Filtered down to the 15-crop pilot list.
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Crop List — Buyer Brief
Buyer-facing version of the crop list. Designed to share with prospective hotels, supermarkets, and restaurants.
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Pilot Data Collection Framework
How yield, cost, and offtake data is captured during the pilot. Defines the metrics that will replace model assumptions in v8 of the financial model.
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06Team
Signed founding member agreements and the full team schedule. Every role is designed to become a department head as the company scales.
Bailey Flint — CSO Founding Member Agreement
Signed 9 April 2026 · Chief Strategy Officer · Capital strategy, investor relations, international expansion.
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Yann Terry Ntwari — COO Founding Member Agreement
Signed 9 April 2026 · Chief Operating Officer · Operations, team coordination, agritech division oversight.
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Michel Dusengimana — Founding Member Agreement
Signed 9 April 2026 · Head of Agritech & Systems Strategy · 2% equity, system design and crop strategy.
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Olivier Dushimimana — Team Member Agreement
Signed April 2026 · Agritech Operations Lead · Field execution, SOPs, farmer training (stipend basis, no equity).
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Agritech Division — Team Structure & Task Allocation
Role definitions and task split across the agritech division: strategy versus execution.
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Upgrow Team Schedule
Full team roster: founders, leadership, agritech leads, and operational staff with roles and reporting lines.
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07Brand
Official brand assets. The live company website is at upgrowrwanda.com.
Official Letterhead — Green Banner
Approved official Upgrow letterhead used on all formal external correspondence.
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Upgrow Logo — Transparent
Primary logo, transparent background, for use on light surfaces.
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Upgrow Logo — White Background
Logo on white background for documents and presentations.
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08Market Intelligence
Original buyer and market research conducted by the Upgrow team. Validates the demand assumptions in the financial model and pitch deck.
Buyer Intelligence Report — Kenny & Terry
Direct buyer-side research conducted by the founders. Hotel, supermarket, and restaurant interviews; volume estimates; pricing intelligence.
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Market Pricing Survey — Olivier
Kigali wholesale market pricing survey conducted by Upgrow's Agritech Operations Lead. Local-tier price baseline for premium-pricing justification.
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09Land Assets
Registered land title for the 5,229 m² already secured for the scale-up phase — two contiguous parcels held on 99-year agricultural leases registered to Upgrow Rwanda Ltd.
Scaling Land — Registered Lease, Parcel 2 (4,311 m²)
99-year emphyteutic land lease registered to Upgrow Rwanda Ltd (Company Code 134202981). UPI 5/07/12/01/6846 — 4,311 m², agricultural use, Gasarwe Village, Kabeza Cell, Rilima Sector, Bugesera District. Registered 15 June 2026.
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Scaling Land — Registered Lease, Parcel 1 (918 m²)
99-year emphyteutic land lease registered to Upgrow Rwanda Ltd. UPI 5/07/12/01/15 — 918 m², agricultural use, same contiguous site (Gasarwe Village, Kabeza Cell, Rilima Sector, Bugesera District). Combined with Parcel 2, the two parcels form one 5,229 m² block of secured scaling land.
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Pilot Site — Land Documentation
Parcel at Kinyinya, Gasabo (Kigali) where the 10 aeroponic towers and CFGET greenhouse deploy. Lease documentation to be added.
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