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A crowdfunding campaign was launched by Biofarm, the first digital farm in Europe

A crowdfunding campaign was recently launched on the CrowdFundMe portal in Italy, by Biofarm. The campaign aims at raising $973,000 (€800,000) and foresees a minimum entry fee of $608 (€500). Biofarm is the first digital farm in Europe and there are more than 60 organic farms in Italy and over 33,000 private users who have already joined the initiative.

Anne Kings

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An online crowdfunding campaign was launched on the CrowdFundMe.it portal by the owners of Biofarm. The collection will enhance the activities of the social marketplace that allows people and businesses to adopt or give fruit trees, olive trees, vines, and beehives, follow their cultivation online, and receive fresh produce at home, supporting local organic producers.

The project is respectable and allows all those who believe in this idea to become “supporting members … customers” and be able to count on products, not only short chain but direct and quality assured. From “your” field to your table, that is the concept behind Biofarm.

Read more details about the crowdfunding campaign launched by Biofarm and find other economic news with the Born2Invest mobile app. Our experienced team of journalists will keep you up to date with the latest and most important news and market trends.

People can help and enhance the small farms of the Italian territory

Starting on February 20th, the goal of Biorfarm, the first digital farm in Europe, can be shared and supported through equity crowdfunding launched on the platform CrowdFundMe.it.

There are more than 60 organic farms in Italy and over 33,000 private users who have already joined the initiative.

The social marketplace offers the opportunity for individuals and companies to adopt or give fruit trees, olive trees, vines and beehives, follow online their natural cultivation and receive fresh organic products at home, directly from the fields to the table.

The company Biofarm, founded in 2015 by Osvaldo De Falco and Giuseppe Cannavale, has been selected by Google as an ambassador for the digitalization of SMEs.

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Osvaldo De Falco, creator of Biorfarm, said: “What we have created is a tool that creates a direct link between those who produce food in a sustainable way and those who consume it, the farmer and the consumer, to offer organic products of the highest quality associated with a unique experience, while supporting the sustainable cultivation of our countryside and avoid its abandonment. Through crowdfunding we want to expand our digital farming community, offer everyone the opportunity to share our values and involve more and more partner companies.”

In the last two years, Biorfarm has closed important commercial agreements with large multinational companies such as P&G, AXA, San Pellegrino, Tiffany and has been included in important European accelerators such as H-FARM, Agro-innovation Lab and Unicredit StartLab.

LifeGate, the most important Italian player in the sustainability sector, has also invested in Biorfarm and together they have launched the Save The Farm project, the company’s digital orchard that helps small producers and makes employees happy with the supply of fresh fruit.

Giuseppe Cannavale, co-founder of Biorfarm said: “This round will give us the opportunity to continue to grow operationally as well; we will test new logistics models and prove that a profitable, yet sustainable, business is possible.”

The campaign aims at raising $973,000 (€800,000) and foresees a minimum entry fee of $608 (€500).

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(Featured image by silviarita via Pixabay)

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Anne Kings is a reporter for the financial sector, often tackling Wall Street and shareholders' interests. She also covers the intersection of media and technology, and delves into interesting topics on entertainment. Sometimes she also writes about the cannabis industry, in particular CBD and hemp. She is currently based in New York.