Wakuli has raised €5 million in Series A funding from ECBF and Rabobank to expand its impact-driven specialty coffee business focused on regenerative agriculture.

Target Company Overview

Wakuli, an impact-first coffee scale-up founded in 2019, has successfully closed its Series A funding round, raising €5 million in debt and equity from notable investors including the European Circular Bioeconomy Fund (ECBF) and Rabobank. This financing, combined with participation from the ABN AMRO Sustainable Impact Fund and Icecat Capital, brings the total funds raised to €9.25 million. Wakuli's innovative business model aims to provide farmers with a sustainable income while promoting regenerative agricultural practices.

Currently, Wakuli partners with over 16,000 farmers across 13 countries, ensuring they receive competitive wages and fostering their ability to adopt climate-friendly agricultural methods. By emphasizing the link between farmer income and environmental sustainability, Wakuli is transforming the specialty coffee industry, which has historically been dominated by large corporations that undervalue farmers' contributions.

Industry Overview in the Netherlands

The coffee industry in the Netherlands is known for its vibrant and diverse market, characterized by a growing consumer interest in specialty coffees and sustainability. Consumers are increasingly seeking products that ali