ImpactAlpha, April 27 – In one of Latin America’s most industrialized agriculture markets, Arado is doubling down on its support for small producers. The company provides a marketplace and logistics to link smallholder farmers to city restaurants and other buyers.
It raised $12 million in a Series A round from Acre Venture Partners, Globo Ventures, SP Ventures, and the venture arm of agrichemicals giant Syngenta. Early investors Valor Capital and Maya Capital reupped in the round.
Arado launched in 2021 (then as Clicampo) and raised a seed round last year. The company is looking to acquire additional platforms and technologies that can streamline supply chain issues for farmers. Its first acquisition is Pin.go, a fresh food delivery venture that will help Arado expand in São Paulo, Startup.BR reported.