Farmerline

Farmerline Group Reaches Pre-Series A Second Close With US$1.5m From Oikocredit In Funding Round Worth US$ 14.4 Million

Farmerline Group Reaches Pre-Series A Second Close With US$1.5m From Oikocredit In Funding Round Worth US$ 14.4 Million

Farmerline Group today, Tuesday September 27 announced the second close of a Pre-Series A investment raise with an additional US$ 1.5 million investment from social impact investor Oikocredit. The investment is part of a total funding round worth US$ 14.4 million raised by Farmerline from investors including FMO and ARAF. Ghana-based Farmerline supports smallholder farmers and agribusinesses with digital tools, logistics, field agents and farm resources. The organisation has recently started plans to expand its operations into Ivory Coast in a bid to help farmers facing increased fertiliser prices and shortages. Dubbed the ‘Amazon for African farmers’, Farmerline provides smallholder…
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