Islamic Finance

iFarmer closes six-figure investment from Falcon Network and Accelerating Asia Ventures to transform farmer livelihoods in Bangladesh


  • iFarmer, a Bangladesh-based agritech platform, facilitated $3 million in investments for six thousand farmers in 2020 
  • The deal marks the third Falcon Network investment in Bangladesh-based impact-driven startups in 2020  
  • For Accelerating Asia, the new funds injected into iFarmer is a follow-on investment into a top-performing portfolio company

23 December 2020 | 10:00 AM (Bangladesh Standard Time) DHAKA— iFarmer, an agritech platform that connects farmers with investors in Bangladesh, has today announced the closing of a six-figure investment from Falcon Network, a Dubai-based investor in early-stage mission-driven businesses, and Accelerating Asia, an early-stage venture capital fund with a focus on pre-Series A startups in Southeast and South Asia.

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tags:

Agriculture finance