I'm writing to you on behalf of Rockstart as we just announced that MoooFarm, one of our portfolio companies from the Rockstart AgriFood 2020 batch, has closed a pre-seed round of €500k with Navus Ventures and Rockstart.
- Rockstart, a global accelerator-VC, announces that MoooFarm has closed a pre-seed round of €500k with Navus Ventures and Rockstart. - MoooFarm was able to find and close a lead investor just four months into the program. The startup plans to use the funding to strengthen their product-market fit and hire key technology talent to launch new services to farmers. - Navus Ventures, the lead investor, is strategically connected with MoooFarm’s business, which is focused on empowering farmers and creating a sustainable future in the Indian dairy industry.
A few key Rockstart stats: - Since its launch in 2011 in Amsterdam, the Netherlands, Rockstart has invested in more than 230 startups and supported them in their journey to raise more than €90 million and hire more than 700 people. - Rockstart has been active in the Energy domain since 2014. - The company has a 75% follow-on funding rate from its latest Energy accelerator, with €5.2m raised by portfolio companies within 1.5 years.
If you would like to find out more, please do not hesitate to reach out to me. Rockstart CEO Rune Theill and Mark Durno, Managing Partner, Rockstart Agrifood are looking forward to your questions.