Mayani has secured $1.7 million in seed funding to enhance its supply chain operations and expand its support for farmers and fisherfolk in the Philippines.

Information on the Target

Mayani, a participant in the AgFunder GROW Impact Accelerator cohort 2, has successfully secured $1.7 million in seed funding aimed at enhancing its supply chain operations and expanding its reach among farmers in the Philippines. The firm operates an innovative e-commerce platform that facilitates market access for both consumers and businesses, offering a diverse range of agricultural products, including seafood, vegetables, poultry, coffee, and fruits.

With a customer base that includes 139,000 small-scale farmers and fisherfolk, Mayani seeks to integrate technology into agribusiness, thereby elevating the livelihoods of these underserved communities. Co-founder and CEO JT Solis emphasizes the company’s commitment to empowering farmers and fisherfolk through improved market access and services.

Industry Overview in the Philippines

The agricultural sector in the Philippines is a vital component of the country's economy, contributing significantly to employment and GDP. Despite the potential, this sector faces numerous challenges, including fragmented supply chains, limi