Winich Farms Secures $3 Million in Pre-Series A Funding to Expand Agritech Operations
- Winich Farms raised $3 million in pre-series A funding.
- Funding led by Acumen Resilient Agriculture Fund contributing $2.5 million.
- Company's gross merchandise value increased by 300% since 2022, reaching $30 million.
Winich Farms' innovative approach to connecting rural farmers with retailers through technology and a growing agent network demonstrates significant potential for scaling operations in Nigeria's agritech sector. However, addressing the logistical challenges of delivery and expanding their reach to distant regions will be crucial for sustained growth and customer satisfaction.
