Agtech startup COOKO has raised €800k in a pre-seed funding round to revamp the agricultural value chain. The Berlin-based company aims to improve sustainability by creating a first-mile traceability system and automating compliance to meet pending EU and German legislation. The investment will enable COOKO to expand its research and development facility in Cameroon and increase its focus on cocoa. COOKO’s unique approach has demonstrated success, with the facility increasing revenue three-fold in three months. This achievement has impressed investors, leading to a significant amount of investment in COOKO’s vision, product, and team. The company has raised over €1.7m since incorporating earlier this year. COOKO’s focus on ESG data, fintech, and sustainable-impact places it in an advantageous position for leveraging multiple revenue streams and high-value data for growth. COOKO is determined to continue strengthening partnerships by improving its technology and fostering growth.
Berlin-based agtech startup COOKO secures €800k in pre-Seed funding to transform cocoa value chain
Date:
Updated: [falahcoin_post_modified_date]