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§ Private Profile · Amsterdam, Netherlands
Vosbor is a technology company.
Vosbor operates a digital marketplace for physical agricultural commodities, facilitating global spot, forward, and paper markets for grains, oilseeds, meals, and vegetable oils. Its platform offers end-to-end trade capture, key pricing benchmarks, and perpetual reconciliation, enhancing transparency and efficiency in commodity trading. The company integrates AI brokerage, leveraging large language models to match orders, alongside robust KYC/AML processes and secure digital execution tools.
Maarten Elferink founded Vosbor with the insight that the physical commodity trade lacked the efficiency, security, and compliance found in regulated derivative markets. Drawing on his experience in grain trading and corporate finance, Elferink established the company in 2015 to modernize traditional trading practices and introduce a more structured digital environment for agricultural transactions.
The platform serves a diverse clientele of buyers, sellers, and brokers worldwide, enabling them to procure and trade agricultural products with greater ease. Vosbor’s vision is to make global agricultural markets more accessible and liquid, providing users with enhanced negotiation power, real-time execution capabilities, and fully auditable records, ultimately fostering a more transparent and trustworthy trading ecosystem.
Vosbor has raised $7.4M across 2 funding rounds.
Vosbor has raised $7.4M in total across 2 funding rounds.
Vosbor has raised $7.4M in total across 2 funding rounds.
Vosbor's investors include Lux Capital, 7percent Ventures, BoxGroup, Cocoa, Concept Ventures, DCM, Felicis Ventures, Finch Capital, Global Founders Capital, Inovo VC, LocalGlobe, M13.
Vosbor has raised $7.4M across 2 funding rounds. Most recently, it raised $7.0M Seed in July 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 1, 2022 | $7M Seed | LUX Capital | 7percent Ventures, BoxGroup, Cocoa, Concept Ventures, DCM, Felicis Ventures, Finch Capital, Global Founders Capital, Inovo VC, LocalGlobe, M13, Market ONE Capital, Partech Ventures, Plug & Play Ventures, Pronomos Capital, BEN Kaminski, Gordon Segal, IAN Hogarth, Jonathan Lenson, Matteo Franceschetti, Omid Ashtari, Saturnin Pugnet, TOM Blomfield, Ulrich Gall, Chris Mahoney, Soren Schroder, Athos Capital, FJ Labs, Nucleus Capital | Announced |
| Jan 1, 2021 | $410K Seed | — | 7percent Ventures, Cocoa, Concept Ventures, LocalGlobe, IAN Hogarth, Jonathan Lenson, Matteo Franceschetti, Omid Ashtari, Saturnin Pugnet, TOM Blomfield | Announced |
Vosbor is a technology company founded in 2019 and headquartered in Amsterdam, Netherlands, that operates a digital marketplace for spot and forward trading of bulk agricultural commodities, particularly grains and oilseeds[1][2][4]. It connects buyers, traders, and sellers, enabling real-time trade execution, data reconciliation, secure document sharing via smart contracts, and trade financing, while addressing inefficiencies in the traditionally offline $30 trillion physical commodities market[1][2]. The platform serves global ag commodity trading companies, with its flagship product currently piloted by 35 leading firms, and demonstrates growth momentum through a $7 million seed round in 2023 led by Lux Capital, joined by investors like Market One Capital and FJ Labs[2].
Vosbor was founded in 2019 by CEO Maarten Elferink and his team to digitize the agricultural commodity trade, which remains largely offline despite its critical role in global food security[1][2]. The idea emerged from recognizing supply chain risks and market fragmentation in soft commodities trading, aiming to create alternative markets with greater efficiency and accessibility[2][3]. Early traction includes securing high-profile board members—Chris Mahoney (former CEO of Glencore Agriculture) and Soren Schroder (former CEO of Bunge)—who co-invested, alongside piloting the platform with 35 top ag traders and raising $7 million in seed funding[2].
Vosbor rides the wave of digital transformation in commodities trading, digitizing a $30 trillion market still reliant on offline processes amid rising supply chain risks from climate volatility, geopolitics, and food security threats[2]. Its timing aligns with surging demand for resilient ag supply chains, as highlighted by investors like Lux Capital, which sees it building systemic resilience where traditional markets fall short[2]. Market forces favoring Vosbor include fragmented timber/fish/scrap analogs succeeding digitally, global trader needs for speed (e.g., moving surplus to deficit regions), and tech adoption in fintech-adjacent ag spaces[1][2]. It influences the ecosystem by enabling data-driven decisions, lowering barriers for smaller players, and setting a model for other commodities like timber[1].
Vosbor is poised to scale its pilot into a dominant ag trading platform, leveraging its seed funding, elite board, and real-time tech to capture share in the underserved digital ag exchange space. Trends like AI-enhanced risk tools, blockchain for contracts, and climate-driven supply volatility will accelerate its growth, potentially expanding to more soft commodities amid mounting global food pressures. Its influence could evolve from niche disruptor to infrastructure layer, enhancing food security as offline traders digitize—echoing its mission to make commodity markets cheaper, faster, and more transparent[2][4].