Commoditrader announced securing funding of DKK 30 million in debt and equity.
Commoditrader, a Copenhagen, Denmark-based operator of a marketplace for grains and raw materials, announced securing funds in the company totalling DKK 30M ($4.8M).
The money is a combination of debt and equity, raised from investors including Vækstfonden and a number of 15 angel investors from Denmark, such as Iben and Anders Møller, Jytte Rosenmaj, Kim Kjær Knudsen, Mollerup Mølle and Møllerup Estate.
Commoditrader, founded in 2017 by Ida Boesen and Julie Karl Koch Fahler and led by CEO Simon Haldrup, developed a trading platform for agricultural commodities, designed to ensure transparency, and informed trading to its users – farmers, professional traders and agricultural enterprises.
The company also runs Commodicarbon, a program that enables Danish farmers to sell CO2 certificates. Through the sale of CO2 certificates, the farmer can get help to finance a sustainable conversion of his farm - and the companies that buy the certificates can be proud that they contribute to a hugely important and climate-friendly conversion of such a crucial industry as our national and international agriculture.