About Abastores
Abastores is a company based in Madrid (Spain) founded in 2019.. Abastores has raised $1.14 million across 2 funding rounds from investors including Rockstart, Enisa and Castilla-La Mancha. Abastores offers products and services including Cereal Trading Platform and Market Data App. Abastores operates in a competitive market with competitors including Smartwyre, Kynetec, Mercaris, Cabbige and AgMark, among others.
- Headquarter Madrid, Spain
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Sectors
Agriculture
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.14 M (USD)
in 2 rounds
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Latest Funding Round
$787.59 K (USD), Seed
Dec 16, 2024
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Investors
Rockstart
& 3 more
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Employee Count
Employee Count
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Products & Services of Abastores
Abastores offers a comprehensive portfolio of products and services, including Cereal Trading Platform and Market Data App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Facilitates online buying and selling of cereals for farmers
Provides real-time cereal prices and national exchange information
Funding Insights of Abastores
Abastores has successfully raised a total of $1.14M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $787.59 thousand completed in December 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $787,590
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First Round
First Round
(03 Aug 2022)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2024 | Amount | Seed - Abastores | Valuation | Encomenda | |
| Aug, 2022 | Amount | Seed - Abastores | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Abastores
Abastores has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Rockstart, Enisa and Castilla-La Mancha. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage venture capital investments are provided to technology-driven founders.
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Founded Year | Domain | Location | |
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Early-stage startups are accelerated across energy, agrifood, and emerging technologies.
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Founded Year | Domain | Location | |
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Loans are provided to small and medium enterprises by Enisa.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Abastores
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Abastores
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Abastores Comparisons
Competitors of Abastores
Abastores operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Smartwyre, Kynetec, Mercaris, Cabbige and AgMark, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Input pricing software is developed for agricultural distributors.
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| domain | founded_year | HQ Location |
Provider of market research and insights focused on animal health and agriculture
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| domain | founded_year | HQ Location |
Provider of market data and trading platform for organic & non-GMO commodities
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| domain | founded_year | HQ Location |
Provider of a pricing tool for vegetable growers
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| domain | founded_year | HQ Location |
Offers grain marketing, market data, and agricultural services to clients.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Abastores
Frequently Asked Questions about Abastores
When was Abastores founded?
Abastores was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Where is Abastores located?
Abastores is headquartered in Madrid, Spain. It is registered at Madrid, Madrid, Spain.
Is Abastores a funded company?
Abastores is a funded company, having raised a total of $1.14M across 2 funding rounds to date. The company's 1st funding round was a Seed of $347.46K, raised on Aug 03, 2022.
What does Abastores do?
Provider of business analytics software for agribusiness. It provides agricultural wholesalers and retailers an intelligence platform to monitor and gain insights into market trends, price optimization, inventory stock details, merchandise sales, customer support, marketing data communication insights, track shipments, and more.
Who are the top competitors of Abastores?
What products or services does Abastores offer?
Abastores offers Cereal Trading Platform and Market Data App.
Who are Abastores's investors?
Abastores has 4 investors. Key investors include Rockstart, Enisa, Castilla-La Mancha, and Encomenda.