London-based agritech startup WeFarm has raised nearly €9.26M in its Series A-Plus round of funding led by Octopus Ventures, with participation from new and existing investors, including LocalGlobe, June Fund, True Ventures, Rabo Frontier Ventures, and AgFunder.
The company will use the raised funds in order to expand its service to a wholly online platform where farmers can share knowledge as well as get access to a marketplace of retailers.
“Wefarm is building the definitive platform and network for the world’s biggest vertical. This is perhaps the largest community on Earth and yet it’s been vastly underserved by tech. Today, the community is ready to expand into the online space with us. We have years of learnings and millions of data points to strengthen our first-mover advantage as we build the online expansion of Wefarm for hundreds of millions of farmers,” said Wefarm Founder and CEO, Kenny Ewan.