Complete Farmer, a Ghanaian digital marketplace that brings together African farmers and international buyers to create an efficient agricultural value chain in West Africa, raised a total of USD 10 million in equity and debt Pre-series A funding.
Backers included Alitheia Capital, Goodwell, the Acumen Resilient Agriculture Fund (ARAF), Proparco and Newton Partners.
The funding will directly support Complete Farmer’s ambitions to expand their reach. In the near term, the company’s top priorities include further developing the capabilities of their digital platform, and expanding operations in Ghana and beyond. Alongside geographic expansion and technological innovation, the company will also use the funding to forge strategic partnerships with key stakeholders in the agriculture and technology sectors.
Led by CEO Desmond Koney and an experienced management team, Complete Farmer (CF) is using data and technology to build a sustainable and inclusive agricultural ecosystem by serving the needs of two distinct audiences: farmers and commodity buyers.
Through the platform, smallholder and commercial farmers also gain direct access to global buyers, ensuring premium pricing and guaranteed offtake of their crops.
At the same time, CF provides international buyers – including some of the world’s largest FMCG companies – reliable access to commodities grown to their exact specifications. The CF platform allows them to source certified crops and digitally monitor every step of the procurement process, ensuring consistency and superior quality at a fair cost.
Complete Farmer has already made significant contributions to the industry, bringing together over 8,000 farmers, overseeing the cultivation of 31,429 acres of land, and delivering commodities to buyers in Europe, Asia and beyond.
FinSMEs
22/09/2023