WayCool Receives US$ 114K from Dutch Development Bank FMO

Chennai | Thursday | 20th August, 2020

Summary:

The dual-purpose PPE kits will help protect farmers during the COVID-19 pandemic, and also shield them during agricultural operations such as pesticide spraying. In-situ Soil testing will enable farmers to get their soil health measured without having to travel, thus facilitating effective soil management while maintaining social distancing. Most recently, the company had run a crowd funding campaign for PPE kits through Milaap. The FMO grant helps WayCool build upon this effort. WayCool has previously raised three rounds of funding from Lightbox, LGT Lightstone Aspada, FMO, Caspian Impact Investment, and Northern Arc Capital Ltd.About FMOFMO is the Dutch entrepreneurial development bank based out of Hague, Netherlands..