Stable raises $60m to help farmers manage risk at a time of turmoil
44% of the world’s supply of wheat, sunflower and rye comes from Ukraine, so the war is causing supply chain disruptions around the world, creating a huge secondary wave of volatility across the industry that threatens the survival of many critical parts of the supply chain, according to fintech company Stable. The ‘home of hedging’ for the $5 trillion agricultural commodity industry, has announced a $60m Series B investment.
26/05/2022