Funding Round

Blooms Raises $2.6M Seed Round to Expand AI-Powered Trade Finance for LatAm Produce Exporters

Blooms, a fintech company offering AI-driven trade finance and FX solutions, raised $2.6 million in seed funding.
Blooms founding team led by Francisco Meré. Image provided by Blooms.

Key Takeaways

  • Blooms, a fintech company offering AI-driven trade finance and FX solutions, raised $2.6 million in seed funding.
  • The round was led by SP Ventures, with participation from Angel Ventures, The Yield Lab Latam, Eqwow Ventures, Glocal Managers, and Mercy Corps Ventures.
  • The funding will accelerate Blooms’ mission to address liquidity challenges for Latin American produce exporters.
  • Blooms’ platform aims to reduce food waste, improve supply chain resilience, and stabilize produce prices in North America.
  • CEO Francisco Meré emphasized the company’s goal to deliver intelligent financial tools that support sustainability and growth in ag exports.

Blooms Secures $2.6M to Boost Financial Access for LatAm Exporters

Blooms has announced a $2.6 million seed funding round aimed at scaling its AI-powered trade finance platform for Latin American exporters of fresh produce to the U.S. and Canadian markets. The round was led by SP Ventures, a venture capital firm focused on agrifood innovation, with participation from Angel Ventures, The Yield Lab Latam, Eqwow Ventures, Glocal Managers, and Mercy Corps Ventures.

The company’s platform provides streamlined financial services including working capital, FX, and payment solutions. By improving access to capital, Blooms seeks to enhance the financial health of exporters and contribute to a more resilient produce supply chain.


AI-Driven Tools for Trade Finance and Sustainability

Founded by Francisco Meré, Blooms aims to tackle a longstanding bottleneck in Latin America’s agricultural trade—limited access to fast and fair financial services. The company’s AI engine supports exporters with automated trade finance workflows, tailored FX solutions, and rapid liquidity options.

“This investment validates our vision to provide seamless, intelligent financial solutions that reduce waste, support sustainability, and deliver fresher, more affordable produce to North American consumers,” said Meré.

The Blooms platform was developed by a cross-disciplinary team of fintech, agtech, and data science professionals. It enables exporters to better manage cash flow, simplify cross-border transactions, and invest in long-term sustainable farming practices.


Investor Coalition Backs Blooms’ Regional Impact

SP Ventures, the lead investor in the round, highlighted Blooms’ strategic fit with its portfolio of climate-smart agriculture and food system innovations.

“Blooms is solving a core bottleneck in Latin America’s ag value chain—access to agile, fair financial tools,” said Ariadne Caballero, Partner at SP Ventures. “Their AI-powered approach enhances exporter resilience, improves sustainability, and reduces food waste.”

Other investors echoed the importance of developing tools that can stabilize export supply chains in a volatile global environment. The round’s participation from multiple regional and impact-focused funds underscores broader support for Blooms’ model of linking fintech with sustainable agriculture.


Blooms to Accelerate Growth and Strengthen Supply Chain Resilience

With the new funding, Blooms will expand its services across key Latin American markets and further develop its technology infrastructure. The company’s long-term goal is to empower small and medium-sized exporters, reduce inefficiencies in fresh produce logistics, and help stabilize prices for North American consumers.

administrator
As a dedicated journalist and entrepreneur, I helm iGrow News, a pioneering media platform focused on the evolving landscape of Agriculture Technology. With a deep-seated passion for uncovering the latest developments and trends within the agtech sector, my mission is to deliver insightful, unbiased news and analysis. Through iGrow News, I aim to empower industry professionals, enthusiasts, and the broader public with knowledge and understanding of technological advancements that shape modern agriculture. You can follow me on LinkedIn & Twitter.

Leave a Reply