Alpha Corporate Finance has acted as financial advisor to Investinor in the transaction.
Farmforce is a cloud-based mobile platform that extends digital management to the agricultural “first mile” and specifically to the management of smallholder farming schemes. Farmforce uses mobile technology to replace existing paper-based processes and thereby provides traceability to the field level, increases management information and transparency, documents compliance with any food and sustainability standards (FairTrade, Rainforest Alliance, Organic) and simplifes audits. Farmforce has employees in Norway (HQ), London, Berlin, Nairobi, Guatemala City and Bangkok.
Investinor is an evergreen investment company funded by the Norwegian government. Investinor invests in unlisted companies in the pre-seed, seed, venture and expansion stages. Total assets under management: NOK 8 billion