Led by True Ventures, a Silicon Valley-based VC and support from Skype’s and Atomico’s founder Niklas Zennström, AgriTech Startup WeFarmis that’s currently active in Kenya and Uganda has raised more money towards its Seed round with an additional $5m and plans to expand into other areas of Eastern and Sub-Saharan Africa.
Other private investors in the round included WordPress’ founder Matt Mullenweg, Blue Bottle Coffee CEO Bryan Meehan, The Norrsken Foundation alongside early backer LocalGlobe and Accelerated Digital Ventures (ADV).
WeFarm operates a crowdsourced peer-to-peer network for offline farming communities and uses machine learning to source content and knowledge from a network of farmers amounting to over 670,000 with over 72 million messages shared, over 1 million answers given and over 840,000 questions asked.
We’re proud to have created a network that empowers the close to one million farmers who use our service, and we’re excited to expand our reach and product capabilities this year. – Kenny Ewan, founder and CEO of WeFarm.
WeFarm will also use the newly secured funds to develop commercial product offerings and work on new features.
We invested in WeFarm because their innovative solution helps to achieve the United Nation’s sustainable development goals. – Anna Ryott, Deputy CEO, Norrsken Foundation.
Anna added that WeFarm enables small farmers to become more efficient, thereby directly contributing to the eradication of hunger and poverty.