Farmerline Group is an African startup aimed at revolutionizing the agricultural value chain by providing access and resources to farmers. Established in 2013, the company has introduced innovative solutions to bridge the gap between farmers and vital information. With a recent $1.50M seed round investment from FMO, Oikocredit International, GREATER IMPACT FOUNDATION in September 26, 2022, Farmerline is set to expand its reach and impact. Through their flagship product, Mergdata, the company offers mobile and web applications to facilitate last-mile engagement, transparency, and efficiency across the agricultural sector. Farmerline's commitment to leveraging technology for sustainable agricultural practices positions them as a key player in the quest for global food security.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Non Equity Assistance | Unknown | 1 | 31 Jul 2023 | |
Seed Round | $1.50M | 3 | 26 Sep 2022 | |
Seed Round | $6.40M | 3 | Acumen Resilient Agriculture Fund | 25 Apr 2022 |
Debt Financing | $6.50M | 8 | Whole Planet Foundation, RippleWorks +4 | 25 Apr 2022 |
Grant | Unknown | 1 | African Development Bank | 17 Jun 2019 |
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