Agriculture fintech company TerraMagna raised $2 million in seed funding for risk mitigation, providing farmers in Brazil access to working capital.
ONEVC led the round and was joined by MAYA Capital, Accion Venture Lab and a group of angel investors. In total, TerraMagna has raised $2.7 million since the company was founded in 2017, Bernardo Fabiani, executive director and co-founder of TerraMagna, told Crunchbase News.