Sofia Angels Ventures has invested in Almacena, a digital platform aimed at enhancing coffee logistics through blockchain technology, supporting the company's expansion and innovation initiatives.
Target Information
Sofia Angels Ventures (SAV), a €13 million venture fund based in Sofia and supported by the European Investment Fund (EIF), proudly announces its investment in Almacena. This company specializes in enhancing the logistics of the coffee trade through its innovative digital platform that offers essential services such as financing, insurance, logistics, and compliance, utilizing blockchain technology for secure and transparent transactions.
Almacena's mission is to streamline the coffee supply chain by connecting producers directly with international buyers, thereby providing complete product traceability. Operating across ten countries in Africa and Latin America, Almacena manages 12% of Africa’s coffee export capacity and serves a buyer network encompassing 14 countries, including EU member states and the USA.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview
The coffee industry is a vital sector within global trade, valued at approximately $35 billion. It has a significant impact on the economies of producing countries, where coffee
Similar Deals
Sofia Angels Ventures
invested in
Almacena
in 2024
in a Series A deal
Disclosed details
Transaction Size: $13M