EthicHub
EthicHub is a technology company.
Financial History
EthicHub has raised $2.0M across 1 funding round.
Frequently Asked Questions
How much funding has EthicHub raised?
EthicHub has raised $2.0M in total across 1 funding round.
EthicHub is a technology company.
EthicHub has raised $2.0M across 1 funding round.
EthicHub has raised $2.0M in total across 1 funding round.
EthicHub has raised $2.0M in total across 1 funding round.
EthicHub's investors include Cerulean Ventures.
EthicHub is a blockchain-based DeFi platform that connects unbanked smallholder farmers in developing countries with international investors through peer-to-peer crowdfunding and crowd-lending.[1][2][3][6] It serves farmers lacking access to traditional banking, investors seeking social impact or higher returns, and large buyers like coffee companies, solving high-cost financing barriers by enabling low-loss cross-border loans secured via smart contracts and pre-negotiated purchase contracts.[1][3][5] The platform has shown growth through awards like Ship2B's 2018 Impact Project and Impact Company seal, funding from investors such as Flori Ventures and the Interamerican Development Bank, and international operations since its 2017 founding in Madrid.[1][2]
EthicHub was founded in 2017 in Madrid, Spain, by Jori Armbruster (CEO), Iñigo Molero Manglano, Raúl Martínez, Gabriela Chang, and Fernando Ramos Suarez (legal advisor).[2][3] The idea emerged from recognizing blockchain's potential to bypass regulatory hurdles in transnational lending, allowing unbanked farmers—especially in agriculture like coffee—to access global capital without intermediaries.[1][3] Early traction included the 2018 Ship2B award for most impactful project, partnerships with social enterprises and blockchain institutes, and expansion into a live international platform using Ethereum for public blockchain transactions.[1][3]
EthicHub rides the ReFi and DeFi wave in blockchain, applying DLT to real-world social good by financializing agriculture for the 500 million+ unbanked smallholders amid rising demand for sustainable, traceable supply chains.[2][3][5] Timing aligns with post-2017 Ethereum scalability improvements and growing ESG investing, amplified by regulatory pushes for impact tech like the EU's #DLT4Good initiative.[3] Market forces favoring it include climate-driven food security needs, crypto adoption in emerging markets, and corporate sustainability mandates, positioning EthicHub to influence ecosystems by scaling inclusive finance and demonstrating blockchain's viability beyond speculation.[1][6]
EthicHub is poised to expand its ReFi model amid maturing DeFi regulations and tokenized real-world assets, potentially onboarding more crops, regions, and institutional capital while integrating AI for credit scoring.[2][6] Trends like carbon credits for regenerative farming and CBDC interoperability could accelerate growth, evolving its influence from niche impact player to mainstream agricultural fintech leader. This builds on its core strength: turning blockchain into tangible wealth harvesting for the marginalized.[1]
EthicHub has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in January 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2022 | $2.0M Seed | Cerulean Ventures |