FarMart set to raise $30-40 Mn in new round

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FarMart set to raise -40 Mn in new round
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B2B food supply startup FarMart is in advanced discussions to raise up to $40 million in a fresh funding round from new and existing investors, according to two people aware of the details of the potential deal.

“FarMart has been in talks for this round for a while, and although discussions earlier were for a much larger raise, it is now close to being settled in the $35–40 million,” said one of the people cited above on condition of anonymity as talks are yet to be public.

As per sources, Impact Fund Denmark and Greater Pacific are set to lead…



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FarMart set to raise $30-40 Mn in new round

, Published By Entracker
FarMart set to raise -40 Mn in new round
Tech


B2B food supply startup FarMart is in advanced discussions to raise up to $40 million in a fresh funding round from new and existing investors, according to two people aware of the details of the potential deal.

“FarMart has been in talks for this round for a while, and although discussions earlier were for a much larger raise, it is now close to being settled in the $35–40 million,” said one of the people cited above on condition of anonymity as talks are yet to be public.

As per sources, Impact Fund Denmark and Greater Pacific are set to lead…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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