# WeFarm

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

- Industry: Internet
- Headquarters: London, UK
- Website: www.wefarm.co
- Total disclosed funding: $30M
- Latest round: Series A (Oct 29, 2020)
- Investors on record: 10

## About

Founded in 2015 and based in London, UK, WeFarm Limited is an agricultural technology company that provides farmers with a digital network to connect with other farmers for resources. CEO Kenny Ewan founded the company and has raised venture funding rounds from private equity investors, including True Ventures, LocalGlobe, and AgFunder. In March 2021, Octopus Ventures led a USD 11 million series A for WeFarm Limited.

The company's development team offers a peer-to-peer platform that provides farmers with tools to communicate and share agricultural information through SMS (short message service). The AI (artificial intelligence)-based platform also optimizes NPL (natural language processing) solutions that enable the small-scale farming industry to access the marketplace of physical retailers for better trading outcomes.

WeFarm Limited generates revenue by partnering with diverse retailers to help attain the economic potential of the small-scale agricultural industry.

The March 2021 funding will help WeFarm Limited to further develop the online platform and marketplace by expanding its SMS service into an online platform.

## Funding rounds

- Series A, Oct 29, 2020, $11M — GIC, True Ventures, AgFunder, LocalGlobe, Rabo Investments, Octopus Investments, June Fund
- Series A, Jun 17, 2019, $13M — True Ventures, AgFunder, LocalGlobe, Expon Capital, Accelerated Digital Ventures, Norrsken VC, June Fund
- Seed, Feb 8, 2018, $4.4M — True Ventures, LocalGlobe, Accelerated Digital Ventures, Norrsken VC
- Seed, Nov 16, 2016, $1.6M — LocalGlobe

## Investors

- LocalGlobe (https://capitalatlas.ai/funds/localglobe) — Seed, Series A
- True Ventures (https://capitalatlas.ai/funds/true-ventures) — Seed, Series A
- Accelerated Digital Ventures (https://capitalatlas.ai/funds/accelerated-digital-ventures) — Seed, Series A
- Norrsken VC (https://capitalatlas.ai/funds/norrsken-vc) — Seed, Series A
- AgFunder (https://capitalatlas.ai/funds/agfunder) — Series A
- Expon Capital (https://capitalatlas.ai/funds/expon-capital) — Series A
- June Fund (https://capitalatlas.ai/funds/june-fund) — Series A
- GIC — Series A
- Rabo Investments (https://capitalatlas.ai/funds/rabo-investments) — Series A
- Octopus Investments (https://capitalatlas.ai/funds/octopus-investments) — Series A