Farmdrop secures £3m from Atomico and other backers to develop its food marketplace platform.
The investment round was led by Atomico with participation from JamJar Investments and several angel backers.
£3.0MOther
Share allotment filed at Companies House
An online marketplace connecting consumers with local farmers and food producers.
Farmdrop has secured £3m in a funding round led by Atomico to support product improvements and marketing efforts. The online food marketplace has seen significant customer growth since its 2014 launch.
The raise also drew participation from JamJar Investments, Jonathan Goodwin, Jason Goodman, Alex Chesterman, and Quentin Griffiths.
From the founder
"Farmdrop is on mission to fix the food chain by making it easy to buy the best food from the best local producers. We believe everyone deserves a more delicious world and this investment will help us continue to improve the product and spread the word about the Farmdrop revolution."
BP
Ben Pugh
Founder at Farmdrop
Investor perspective
"Farmdrop is demonstrating huge ambition by disrupting the established food chain and addressing the growing concerns many of us have about the quality and provenance of our food."
NZ
Niklas Zennstr∑∂m
Founding Partner and Chief Executive, Atomico
Use of funds
- 01Continue product development
- 02Accelerate go-to-market
Investors
A
Niklas Zennstr∑∂m
Atomico
JamJar
JG
Jonathan Goodwin
JG
Jason Goodman
AC
Alex Chesterman
QG
Quentin Griffiths