Yara Growth Ventures leads $30M Series C Round In Agrofy

Agrofy, a leading Latin American agri-fintech , has announced a series C round of $30 million led by Yara Growth Ventures. Yara Growth Ventures Head Erkki Aaltonen will join the Agrofy board of directors.

Agrofy has emerged as one of the leading agriculture marketplaces in Latin America, said Yara in its Dec. 17 statement. Started in 2016, Agrofy has grown into multiple business lines with expansion throughout Latin America.

Yara Growth Ventures joins Agrofy among existing investors such as SP Ventures, Acre Venture Partners, Bunge Ventures, Syngenta Ventures, Cresud, Lartirigoyen, Fall Line Capital, and Brasil Agro.