# Almacena

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

- Industry: Internet
- Headquarters: Amstelveen, Netherlands
- Website: www.almacenaplatform.com
- Total disclosed funding: $3.4M
- Latest round: Seed (Oct 12, 2022)
- Investors on record: 3

## About

Based in Amstelveen, Netherlands, and founded in 2018 by co-founder and CEO Dimo Yanchev, Almacena BV, a.k.a. Almacena Platform is a fintech and agritech company that provides digital tools to create efficient, transparent, and traceable supply chains across agricultural products. In October 2022, Eleven Ventures, and VentureFriends co-led EUR 3.5 million in seed funding for Almacena BV, with participation from Acequia Capital.

The company provides a digital marketplace that connects coffee producers and buyers across Africa and Europe. The marketplace allows users to search and request quotes for vendors as well as products on preferred references based on a wide variety of criteria like stock location, origin/region, price, quality, cupping notes, and more. As of October 2022, Almacena has more than 160 cooperatives with 300,000 farmers onboarded today. In addition, the also offers AlmacenaOrigin App for cooperatives in four African countries to map data from over 18.000 smallholder coffee farmers.

Almacena plans to use its proceeds from October 2022 funding to expand further in Africa, add South American origins, and expand services to American buyers. The company also plans to expand its application with more data insight tools and predictive models as well as launch an inventory management app to complement the TradeDashboard.

## Funding rounds

- Seed, Oct 12, 2022, $3.4M — Acequia Capital, VentureFriends, Eleven Ventures

## Investors

- Acequia Capital (https://capitalatlas.ai/funds/acequia-capital) — Seed
- VentureFriends (https://capitalatlas.ai/funds/venturefriends) — Seed
- Eleven Ventures — Seed