Rabo Investments Corporate Venturing invests in TRACT's USD 11m capital raise together with the Working Capital Fund and existing shareholder LDC, ADM, Olam and Cargill. This round will support the company's ambition of streamlining sustainability measurement and traceability in F&A supply chains. Next to that Rabobank will collaborate on sustainable finance solutions through the platform. “We believe in shaping increasingly sustainable agricultural supply chains for a better future,” said Allison Kopf, CEO of TRACT. “Partnering with The Working Capital Fund and Rabo Investments strengthens our independence as a company and shows confidence in our approach to creating positive impact in the agricultural sector.’’ Floris Onvlee adds “Our investment enables TRACT to accelerate its growth and launch more solutions to transition towards a more sustainable value chain.”
Hot off the Press! We Raised $11.2 Million in New Funding to Fuel Growth & Drive Sustainable Agriculture. We’re thrilled to add new investors Working Capital Fund and Rabo Investments (the captive investment arm of Rabobank), and have the continued support from Archer Daniels Midland (ADM), Cargill, Louis Dreyfus Company (LDC), and Olam. Thank you to our customers, our team, and our investors for joining us on this journey. As our CEO, Allison Kopf, puts it: “We believe in shaping increasingly sustainable agricultural supply chains for a better future.” We’re excited for what’s to come! 🚀 Read more about what’s coming next from team TRACT: https://lnkd.in/ex8KRsZy
