Nigerian agritech startup Winich Farms raises $3 million pre-series A funding
- Winich Farms raised $3 million in pre-series A funding.
- The funding round was led by Acumen Resilient Agriculture Fund with a contribution of $2.5 million.
- The company has grown its gross merchandise value (GMV) by 300% since 2022 to $30 million.
Winich Farms' innovative approach to improving supply chain efficiency in Nigeria's agritech sector demonstrates significant potential for growth and impact on local farmers. However, the company must address the challenges of regional disparities in farming and delivery logistics to fully capitalize on its expansion plans.
