Lithuanian company HeavyFinance receives a €20m cornerstone investment from the European Investment Fund (EIF) to support green transformation in agriculture, part of a total financing of up to €50m for agriculture SMEs in 5 countries. HeavyFinance subsequently raises €50m to promote sustainable farming in Europe. The fund aims to decarbonize agriculture and boost agtech innovation.
Highlights from the SME Envoy meeting: the EIF is supporting the EU's sustainable finance framework and the EU #GreenDeal. New products have been created thanks to #InvestEU🇪🇺. In 2023, 34% of the EIF's commitments were for climate action and environmental #sustainability 🌿 https://t.co/tDRkWtPKHq
Lithuanian HeavyFinance teams up with EIF and InvestEU to support agricultural SMEs’ decarbonisation https://t.co/Yfo5Vm974x via @ArcticStartup @HeavyFinance @EIF_EU #Funding #balticmade #Lithuania #fintech #SME #agritech #climatetech #startups #Trending
Locus Fermentation Solutions raises $30m in debt financing following ‘strategic restructuring,’ revamps carbon farming scheme #carbonfarming #biologicals #agtech #carboncredits https://t.co/By4bHzxohS
💸🌍💸Lithuania-based HeavyFinance closes €50M fund to decarbonise agriculture. https://t.co/92S5dwUv8W @HeavyFinance @EIF_EU #Agtech #Europe #funding #Lithuania #news #sustainable
HeavyFinance raises €50M to boost sustainable farming in Europe https://t.co/SEDyBFXXum https://t.co/TbiRAY9S38
Good news for farmers wanting to invest in green transformation. The @EIF_EU supports Lithuanian HeavyFinance with a cornerstone investment of €20m under #InvestEU🇪🇺. Supporting up to €50m in financing at better terms for #agriculture SMEs in 5 countries https://t.co/wfd2rg0WgP https://t.co/01XTP7gAfu