HeavyFinance raises €50M in a funding round to boost sustainable farming in Europe.
03/14/24, 12:26 PM
Location
Money raised
€50 million
Industry
farmers market
marketplace
farming
agriculture and farming
Investors
Eif
HeavyFinance is raising €50 million for a private credit fund to provide mid-term debt capital for small and medium-sized agricultural companies in Bulgaria, Latvia, Lithuania, Poland, and Portugal. The fund aims to support efforts to reduce carbon footprint through greener practices, such as alternative soil-friendly techniques and less polluting farming equipment.