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AgTech Communities Emerging Markets Europe Farming Internet Machine Learning Peer to Peer SMS Social Entrepreneurship

Wefarm adds $11M to expand its network for independent farmers, now at 2.5M users

– Wefarm, a social networking platform aimed at independent farmers to help them meet each other, exchange ideas and get advice, and sell or trade equipment and supplies, has raised $11m funding.
– The funding is an extension to the company’s 2019 Series A, and is being led by Octopus Ventures.
True Ventures (which led the 2019 round), Rabo Frontier Ventures, LocalGlobe, June Fund and AgFunder also participated.
– Wefarm has raised $32m since being founded in 2015.
– To date, London-based Wefarm has primarily found traction in countries in East Africa.
– Its service is available via a website, but most of its users are accessing without any internet use at all, via the company’s SMS interface.

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Asia Events News Social Entrepreneurship

GeniusU Raises $1.4M in Seed Funding

– GeniusU is a Singapore based digital edtech platform.
– The company raised $1.4m in seed funding.
– The capital being raised would be used for continued global expansion and to grow the key leadership team.

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