Agritech Startup Airbono Raises $2.5 Mn In Pre-Series A Funding Round
11 March 2019 10:47 PM GMT
According to the company, it will use the funds to expand its service to 2,000 farmers and 1,000 small retailers.
- Bengaluru-based agricultural service provider Airbono has reportedly raised $2.5 Mn (INR 17.4 Cr) in Pre-Series A funding round which was led by impact fund Menterra Venture Advisors.
- Other investors such as Silicon Valley-based Milliways Venture, Zurich-based Artha Ventures, Japanese fund Rebright Partners and Mohandas Pai-backed 3one4 capital also participated in this round.
- Till date, the startup has raised $600K in seed funding from Milliways and others.
- At the same time, the venture firm company had also said that it was planning to invest in Series A round of funding an agritech company.
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