Deal Ticker: Kellerhals Carrard advises Pula on 20M Series B Financing Round

Kellerhals Carrard is pleased to have advised @Pula Advisors AG on its recent USD 20M Series B Financing Round!

Pula Advisors AG incorporated in Glarus, operational across 22 african and asian markets, has set out to enhancing the access to agricultural insurance by small-holder farmers across emerging markets, shielding them against losses from pests, diseases and/or extreme weather events like floods and droughts. Pula does not sell insurance directly but has built a distribution channel of over 100 partners, including charitable organizations, banks, governments and agricultural input companies, to serve even the hard-to-reach farmers, by embedding insurance, for instance, in farm input costs or credit. To date, Pula has supported more than 15 million farmers across Asia, Africa and Latin America.

The round was led by BlueOrchard Finance Ltd and complemented by IFC – International Finance Corporation, Bill and Melinda Gates Foundation, Hesabu Capital and existing investors.

Kellerhals Carrard comprehensively advised its long-standing client Pula on all aspects of the transaction with a team co-led by Karim Maizar and Dario Silberschmidt (both Corporate/VC) and comprising of Michèle Remund (Tax), Sandro Stich (Corporate/VC), and Lisa Schmid (Corporate/VC).

We are thrilled to be accompanying Pula along the ride and wish Rose Goslinga,Thomas Njeru and their entire team lots of success for the future.