Wefarm Raises $11M in Series-A Plus Funding


Wefarm, a provider of an online platform to connect farmers with each other and leverage the power of their community, raised $11M in Series-A plus funding.

The round, which brought total funding to $31m, was led by Octopus Ventures with participation from True Ventures, Rabo Frontier Ventures, LocalGlobe, June Fund and AgFunder.

The company intends to use the funds to expand its SMS service into an online platform.

Led by Founder and CEO Kenny Ewan, Wefarm provides farmers with a free, AI-driven SMS tool to connect them with each other. This investment enables the company to continue to development of its online platform and marketplace, so it can continue to connect farmers to the knowledge and resources they need to succeed at scale to tackle global challenges that are impacting their yields such as climate change, limited soil fertility and growing demands for food worldwide.

The platform is free for farmers to use, and can be accessed online or via SMS. To date, 2.5 million farmers have connected with one another for free and without access to the internet via the platform.

The company has offices in UK, Tanzania, Uganda and Kenya.