Loading organizations...
iFarmer is a digital agriculture platform based in Singapore that connects smallholder farmers in Bangladesh with financing, quality inputs, agronomic advice, and market access for their produce. The platform optimizes the agri-value chain by combining embedded finance, technology, and market linkages, tracking transactions from inputs to harvest and providing verified borrower data and risk insights to financial institutions. It has registered over 300,000 farmers across 42 districts, facilitated US$2.45 billion in funding, and enabled farmers to sell nearly 300,000 tons of produce. iFarmer supports nearly 3,000 input stores and collaborates with partners including Bayer, Syngenta, the UN Capital Development Fund, and FAO. The organization was founded in 2018 by Fahad Ifaz and Jamil Akbar. Its business model centers on earns through facilitating financing , last-mile distribution of inputs from partners like Bayer and Syngenta, and aggregating/selling produce to buyers while minimizing waste.
iFarmer has raised $2.5M across 2 funding rounds.
iFarmer has raised $2.5M in total across 2 funding rounds.
iFarmer has raised $2.5M in total across 2 funding rounds.
iFarmer's investors include IDLC Ventures, Alejandro Montealegre, Startup Bangladesh Limited, Craig Dixon.
iFarmer has raised $2.5M across 2 funding rounds. Most recently, it raised $2.1M Pre-Series A in May 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 30, 2022 | $2.1M Seed Plus | IDLC Ventures | Alejandro Montealegre, Startup Bangladesh Limited | Announced |
| May 1, 2020 | $450K Seed | Craig Dixon | — | Announced |