Abastores operates Spain’s first online grain exchange, providing farmers, livestock producers, storage operators, and manufacturers with real‑time market data for all national cereal markets. Users can view daily prices, post offers, and sell or purchase harvests with a single click, accessing a network of over 700 market participants and 4,000 listed producers.
Funding
$788.8K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
1OEVFounders
Product
Problem
Farmers, livestock producers, storage operators, and manufacturers in Spain lack a centralized, real‑time marketplace to view accurate cereal prices, post offers, and execute trades efficiently, often relying on fragmented sources and manual negotiations.
Solution
Abastores provides Spain’s first online grain exchange, a digital platform that aggregates daily price data from all national cereal markets and displays the actual prices of closed transactions. Users can instantly post offers to sell their harvest or bid to purchase grain, reaching a network of over 700 market participants and 4,000 listed producers. The service is accessible via a web interface and a free mobile app, enabling market actors to trade with a single click from any location. Real‑time transaction data are continuously updated, ensuring that pricing reflects current market conditions. The platform streamlines the entire trade workflow, from price discovery to deal execution, reducing reliance on intermediaries and accelerating market efficiency.
Target Audience
Primary customers are Spanish cereal farmers, livestock producers, grain storage facilities, and food manufacturers who need up‑to‑date market prices and a streamlined digital channel to buy or sell grain.
Features
- Consolidated daily price feed covering all national cereal exchanges, sourced from actual closed trades
- One‑click sell functionality that broadcasts offers to a network of 700+ operators for immediate bidding
- Marketplace for buying grain from over 4,000 registered producers, with real‑time offer comparison
- Free mobile application delivering the same market data and trading capabilities on iOS and Android
- Secure, cloud‑based infrastructure that updates price and transaction data continuously throughout the day
- User registration workflow tailored to farmers, livestock producers, storage operators, and manufacturers