ProducePay, which provides financing and produce-selling tools for agricultural businesses, has won over investors including financial services firm Rabobank.
US-based agricultural finance and technology provider ProducePay has received $14m in a series B round backed by Rabo Frontier Ventures, a strategic investment vehicle for financial services firm Rabobank.
The round was led by venture capital firm Anterra Capital, which was formed from the spin out of Rabobank’s Rabo Ventures investment subsidiary in 2013. CoVenture, Social Leverage, FJ Labs, Greenhouse Capital, Moonshots Capital and Tribeca Angels also took part.
Founded in 2015, ProducePay markets financial services for the agricultural sector…