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Saturday, December 28, 2013

Farmia, 25,000 € investment from Eleven

Farmia, is a startup from Belgrade, Serbia that provides a complete livestock trade service from selling or buying, veterinarian checks and papers to organising transport and finding the highest quality animals in the world on the web ALL in one place.
The latest news around this interesting start-up comes in the form of 25,000 Euro investment from the Eleven Startup Accelerator based in Sofia, Bulgaria, which means that they will get some more opportunities to further develop their product and make another step-forward in delivering a unique solution to the market. Eleven is a EUR 12 million venture fund that provides financing to early-stage startups using an incremental investment approach alongside iterative development – thereby, starting with many small experiments, filter out failures, and invest in successes. It is powered by Springboard, the leading European startup accelerator, while teams receive support through business insight and technical expertise from an all-star cast of mentors, including Googlers.
Start-it reports that Farmia was one of the first startups that entered the pre-alpha incubator SEE ICT and it was a hard decision to let them go since they showed great commitment from day one. while some other startups that managed their way to Eleven include DatamaidVetcloudCasetrek and Wobeek.

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