On Tuesday, January 11th, Arkansas-based AcreTrader announced that it closed a $40 million Series B capital fund raise to enhance its offerings and expand its operations. The funding brought the company's funding to $58 million since its inception in 2018. The company utilizes proprietary technology to facilitate the buying and selling of land. AcreTrader's announcement of the new fund raise stated that the new financing will enable the company to further scale its platform, expand its team of technology, finance, and agriculture experts, and work with more farmers and landowners to build a more robust market.
More below:
https://talkbusiness.net/2022/01/fayettevilles-acretrader-secures-40-million-in-series-b-funding/