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Vosbor Raises $7 Million For The First Digital Agricultural Commodities Exchange

Jul 28, 2022•almost 3 years ago

Amount Raised

$7 Million

AmsterdamMarketplaceAgriculture and Farming

Description

Vosbor, the first digital marketplace for global trade in bulk agricultural commodities, today announced a new $7 million Seed round led by Lux Capital with participation from Market One Capital, FJ Labs, 7percent Ventures, Athos Capital and Nucleus Capital. Vosbor also unveiled its flagship trading platform, which connects trading firms and end users across markets in a secure and transparent environment. The platform is currently being piloted by 35 of the leading companies in the agricultural commodity trade. Vosbor also revealed that industry heavyweights Chris Mahoney, former CEO of Glencore Agriculture and Soren Schroder, former CEO of Bunge, are co-investing and have joined the company’s team.

Company Information

Company

Vosbor

Location

Amsterdam, New York, United States

About

The recently launched platform allows buyers and sellers to connect, communicate and trade corn, wheat, soybean, palm oil and 14 other agricultural commodities in a transparent and secure environment. Vosbor is intent on changing that. Founded in 2019, Vosbor is the first digital marketplace for global trade in bulk agricultural commodities.