Farmer-to-farmer mobile platform WeFarm harvests £1.3m in seed funding
Startups 100-featured WeFarm will use funding to expand on its already 100,000-strong user base across Kenya, Uganda and Peru
WeFarm, a mobile network for small-scale farmers, has secured £1.3m in seed funding led by LocalGlobe.
Launched in 2015, Startups 100-featured WeFarm is a peer-to-peer service that enables farmers around the world to share information on crop and livestock via SMS, without the internet.
The company’s ambition is to connect million of farmers globally, allowing them to crowdsource answers on agricultural issues such as improving crop yield or starting a micro-business.
The platform has already hit 100,000 users across Kenya, Uganda and Peru, who have collectively shared 15 million pieces of information. WeFarm generates revenue by supplying information and insight on supply chain and commodities to businesses, organisations and governments.
The funding will be used to push the WeFarm service out to thousands of new farmers.
Kenny Ewan, WeFarm founder & CEO, commented: “In five years time we want to connect 100 million small-scale farmers to our network. There is still massive global inequality around access to information, but by designing services for basic mobiles phones you can create social impact on an unprecedented scale as well as develop a highly profitable social business.”
Saul Klein, LocalGlobe partner, said: “We believe that this network, whether delivered on feature or smart phones, will, over time, become an important channel for farmers into the wider food supply chain. We are thrilled that WeFarm has reached over 100,000 users and look forward to working with Kenny and his team.”