Agro.Сlub Raises $1.5M to Expand Its Digital Ecosystem for Agriculture in North America and Europe

By PR Newswire

Agro.Club, a U.S.-based startup transforming the way the agriculture industry buys and sells, has initiated plans to expand into Europe and has already launched operations in North America following the closure of a $1.5M seed round led by Speedinvest, with participation from Elevator Ventures, the corporate venture arm of Raiffeisen Bank International.

Following a successful launch in Russia, a $20B market, where almost 20% of farmers have signed up in the first 18 months and with millions of dollars in monthly business, Agro.Club is now bringing its platform to the $200B markets of North America and Europe.

Farmers have historically been the risk-takers working in a non-transparent market. The Agro.Club mobile app empowers farmers by giving them access to multinational giants, independent manufacturers, trusted retailers, grain exporters and food companies. This opens up new opportunities for players of all sizes, while providing a closer relationship with farmers and platform support across the whole value chain, from seed to grain at the port.

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