Amsterdam-based Agurotech, a startup that offers farming solutions, announced that it has raised €1.5M in a Series A round of funding.
Agurotech, which specializes in data-driven arable farming, says it will use the funds to take the next step in making the global food system more sustainable.
The investment came from Dutch-based VC Navus Ventures, and ROM InWest, a firm that helps entrepreneurs strengthen the regional and circular economy in North Holland.
Founded in 2020 by Joelle van den Brand and Lilia Planjyan, Agurotech aims to help farmers with information and ideas to aid in the more effective use of resources like water.
It creates, manufactures, and distributes custom hardware and software products like sensing technology, weather systems, and software.
The software gives farmers real-time insights into soil conditions, local weather, and AI-powered predictions.
Through its products, the company assists farms in streamlining the initial process by using resources more effectively and sustainably.
The company will also scale up its production and technology in the largest sensor-driven agricultural initiative ever done. “LIFE – The Future of Farming”, sponsored by the EU, will use Agurotech’s technology as it scales up production.
Read more on Tech Gist Africa:
Amsterdam-based agtech startup Source.ag bags €21.6M
Amsterdam’s Vipper gets €2M to simplify rail, bus, and flight ticket booking
Amsterdam’s Aiir Innovations bags €2.1M
