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Agrolend raises $27m in Series B funding

Brazil based agribusiness capital provider raised $27m in Series B funding led by Lightrock.

"The round will enable Agrolend to expand its credit offering to more than 10,000 small-to-medium-sized farms across Brazil, as the firm looks to increase its loan book to around $385 million (BRL 2 billion) for the 2023/24 crop season."

Tags

emerging markets, agriculture, lending