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HomeBankingHeavyFinance: Closes 3 Million Euro Seed Funding Round

HeavyFinance: Closes 3 Million Euro Seed Funding Round

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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

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