Pistor-backed organic grocery distributor Farmy has secured $10.9m that will help it expand its distribution, warehouse and marketing capabilities.
Farmy, a Switzerland-based organic grocery marketplace backed by bakery supplies provider Pistor, has raised €9.2m ($10.9m) in a round led by impact unit Triodos Organic Growth Fund, EU-Startups reported yesterday.
The round also featured new and existing private investors including Thomas Harttung, who is joining the company’s board of directors with Isabelle Laurencin and Dominique Loche, while Pistor’s head of corporate finance, David Schmid, is stepping down along with Martin Jucker.
Founded in 2014, Farmy runs an online grocery store…