Wikifarmer, an Athens, Greece-based agricultural commerce company, raised €5M late Seed funding.
The round was led by Point Nine with participation from the founders of cargo.one, Nikos Moraitakis – co-founder and CEO of Workable, Przemyslaw Budkowski – CEO of Merxu, Cihan Aksakal – founder of Zenjob, Louis Pfizner – founder of Caya.com and Treatwell), as well as prior investors including leading Greek VC Metavallon, plus angels such us Sophia Bendz and Mathias Kamprad.
The company intends to use the funds to hire new talent, expand across Europe, enhance its knowledge library, and launch innovative product features.
Led by CEO Ilias Sousis and CSO Petros Sagos, Wikifarmer enables farmers to sell directly to businesses at higher margins and educates them on modern farming techniques. With it, farmers can sell their output to multiple buyers, achieve a better price, monitor fair market prices, and access international markets. The startup also offers instant payments to farmers and helps them with logistics and financing, allowing them to increase their profitability on the Wikifarmer marketplace. At the same time, it provides them with a wide collection of agricultural best practices and how-to guides, which have been translated into 16 languages and are freely accessible on the Wikifarmer Library.
FinSMEs
09/02/2023