Moroccan Startup YoLa Fresh Secures USD 7 M Pre-Series A Round
- YoLa Fresh secures USD 7 million in pre-Series A funding.
- The funding round includes Algebra Ventures, E3 Capital, Janngo Capital, and FMO.
- YoLa Fresh aims to eliminate intermediaries in the food supply chain and provide visibility into harvests and access to financing.
YoLa Fresh's innovative approach of connecting farmers directly with retailers has the potential to revolutionize the food supply chain in Morocco. By eliminating intermediaries, the company can reduce costs for retailers and ensure fair profits for farmers. The use of data to provide visibility into harvests and access to financing further strengthens YoLa Fresh's value proposition.
