# Agrotoken

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/agrotoken

- Industry: Financial Services
- Headquarters: Buenos Aires, Argentina
- Website: www.agrotoken.com
- Total disclosed funding: $5M
- Latest round: Seed (Dec 1, 2021)
- Investors on record: 10

## About

Based in Buenos Aires, Argentina, and founded in 2020 by CEO Eduardo Novillo Astrada and CTO Ariel Scaliter, Tech Demeter SA trading under the name Agrotoken is a grain-backed, transactional digital asset used to save or exchange for supplies, services, and other assets. In January 2024, Agrotoken raised USD 12.5 million in pre-series A funding led by Bunge Ventures, with participation from Visa, Borderless Capital, Xperiment S.A.S, and Newtopia VC.

The company operates as the developer of a global tokenization infrastructure for agro commodities. The company's platform allows farmers to digitize their grains using blockchain technology and they can exchange them for seeds, vehicles, machinery, fuel, services, and much more.

The company plans to use the January 2024 funding to boost its growth, add product offerings, and expand its global footprint.

## Funding rounds

- Seed, Dec 1, 2021, $5M — Buenavista Equity Partners, Barn Investimentos, RapidScale, Inc., EDP Brasil, Algorand Foundation Ltd., Borderless Capital, MatterScale Ventures, Newtopia VC, Xperiment Ventures, Río Uruguay Insurance Cooperative Limited

## Investors

- Buenavista Equity Partners (https://capitalatlas.ai/funds/buenavista-equity-partners) — Seed
- Barn Investimentos (https://capitalatlas.ai/funds/barn-investimentos) — Seed
- RapidScale, Inc. — Seed
- EDP Brasil — Seed
- Algorand Foundation Ltd. — Seed
- Borderless Capital (https://capitalatlas.ai/funds/borderless-capital) — Seed
- MatterScale Ventures (https://capitalatlas.ai/funds/matterscale-ventures) — Seed
- Newtopia VC (https://capitalatlas.ai/funds/newtopia-vc) — Seed
- Xperiment Ventures (https://capitalatlas.ai/funds/xperiment-ventures) — Seed
- Río Uruguay Insurance Cooperative Limited — Seed