HeavyFinance raises €50M in a funding round to boost sustainable farming in Europe.
Mar 14, 2024•almost 2 years ago
Amount Raised
€50 Million
Investors
Eif
Description
HeavyFinance is raising €50 million for a private credit fund to provide mid-term debt capital for small and medium-sized agricultural companies in Bulgaria, Latvia, Lithuania, Poland, and Portugal. The fund aims to support efforts to reduce carbon footprint through greener practices, such as alternative soil-friendly techniques and less polluting farming equipment.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
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