HeavyFinance: Closes 3 Million Euro Seed Funding Round
- HeavyFinance has raised €3 million during its seed funding round, led by VC firm Practica Capital
- The company provides financing and loan schemes for sustainable agriculture companies
- The investment will help the company continue its European expansion, currently operating in Poland, Portugal, Lithuania
- It aims to accelerate the switch from conventional farming to regenerative practices, enrolling 200,000 hectares
- The company’s financing supports soil health and maintenance to reduce emissions from machinery fossil fuel combustion
- The company has built an underlying infrastructure to score the borrowing capabilities of farmers
