Farmerline, a Ghanaian Agritech Startup Secures $1.5 million in pre-Series A Funding Round

Farmerline, a Ghanaian Agritech Startup Secures $1.5 million in pre-Series A Funding Round

Agritech startup Farmerline from Ghana has raised an additional $1.5 million in a pre-Series A equity investment to grow throughout West Africa. With the extra money, the total amount obtained in the round—which includes $6.4 million in debt financing—now stands at $14.4 million. The Dutch entrepreneurial development bank FMO, Oikocredit, Acumen Resilient Agriculture Fund (ARAF),…

Ghanaian agri-tech startup Farmerline completes $12.9m pre-Series A funding

Ghanaian agri-tech startup Farmerline completes $12.9m pre-Series A funding

Farmerline, a Ghanaian startup that bills itself as “Amazon for African farmers,” has received a US$6.4 million pre-Series A investment as well as another US$6.5 million in debt to help it expand. Farmerline, founded in 2013 by Alloysius Attah and Emmanuel Owusu Addai, collaborates with agribusinesses and farm associations to provide high-quality fertiliser and seeds,…