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Organto Secures €2 Million Factoring Facility With Eurofactor, A Division Of Credit Agricole Group

PRIVATEMar 24, 2022

Amount Raised

€2 Million

Round Type

Seed

VancouverFood and BeverageAgriculture and Farming

Description

VANCOUVER, BC and BREDA, NETHERLANDS / March 24, 2022 / Organto Foods Inc. (TSXV:OGO)(OTCQB:OGOFF)(FSE:OGF) ("Organto" or "the Company"), a leading provider of organic and value-added organic fruit and vegetable products, today announced that Organto Europe B.V. has secured a €2 million (approximately CDN$ 2.8 million) factoring facility with Eurofactor, a Division of Credit Agricole Group.

Quick answer

Organto Foods Incorporated raised €2 Million in a Seed round, dated March 24, 2022. Organto Foods Incorporated is based in Vancouver, British Columbia, Canada.

How much did Organto Foods Incorporated raise?
Organto Foods Incorporated raised €2 Million in a Seed round on March 24, 2022.
What does Organto Foods Incorporated do?
Organto Foods Inc. is a Canadian-headquartered company supplying certified organic and fairtrade produce to leading international retailers.
Where is Organto Foods Incorporated based and how big is it?
Organto Foods Incorporated is based in Vancouver, British Columbia, Canada. Fundz records about 40 employees.
Who are the decision-makers at Organto Foods Incorporated?
Fundz holds 1 contact at Organto Foods Incorporated, including the General Manager Latam and IT Director. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Food and Beverage and Agriculture and Farming around the same time

Companies in the same sectors as Organto Foods Incorporated that raised within 45 days of this round, from Fundz verified event records.

  • Functional Brands raised $1 on April 22, 2022.
  • BioLumic raised $12M on March 8, 2022.
  • Jones Soda raised $2.5M (Seed) on February 23, 2022.
  • Tractor Beverages raised $60M on May 6, 2022.
  • Glencore raised $200M on May 5, 2022.
  • Jensen Ranch raised $3.2M (Seed) on May 5, 2022.

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Company Information

Company

Organto Foods Incorporated

Location

Vancouver, British Columbia, Canada

About

Organto Foods Inc. is a Canadian-headquartered company supplying certified organic and fairtrade produce to leading international retailers. It manages global sourcing, logistics, and distribution through an integrated, capital-efficient model that connects growers and consumers with transparency, sustainability, and operational excellence.

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Related People

1 contact
Verified contactsAna C., General Manager Latam and IT DirectorSee plans and pricing
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Organto Foods Incorporated raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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