What is Agrivi?
Born from a vision in 2013 to address the global food problem, Agrivi is dedicated to revolutionizing food production through the digitalization of agriculture. The company shifts farmers' decision-making from traditional practices to a data-driven approach, leveraging best-growing practices and real-time agronomic insights powered by technology. This focus on smart farming and precision agriculture aims to enhance efficiency and sustainability across the food supply chain, impacting billions of people worldwide.
How much funding has Agrivi raised?
Agrivi has raised a total of $5.9M across 2 funding rounds:
Series A
$1.1M
Other Financing Round
$4.8M
Series A (2016): $1.1M with participation from South Central Ventures
Other Financing Round (2020): $4.8M led by Croatian Bank for Reconstruction and Development, South Central Ventures, Fil Rouge Capital, AgriTech Hub, and European Investment Fund
Key Investors in Agrivi
South Central Ventures
South Central Ventures is a venture capital firm with 18 years of experience, focusing on seed-stage companies in Southeast Europe. They invest in innovative businesses with the potential to become market leaders, led by visionary founders. The firm operates from four offices in the region, providing mentorship and strategic guidance to empower entrepreneurs. Their goal is to navigate the unique landscape of Southeast Europe to foster growth and innovation.
Fil Rouge Capital
Fil Rouge Capital is an investment firm that provides capital and strategic support to early-stage companies. Their focus is on identifying and nurturing innovative businesses with high growth potential, particularly within emerging technology sectors. The firm actively engages with its portfolio companies to drive expansion and market penetration.
European Investment Fund
The European Investment Fund (EIF) aims to facilitate access to finance for European SMEs and infrastructure projects at various stages of development. By providing debt financing and equity funding, the EIF supports businesses in key economic areas, fostering innovation and market development. The organization also invests in infrastructure indirectly through funds and intermediaries, focusing on sustainability and technological innovation. Target clients include entrepreneurs, institutional investors, banking partners, and fund managers across Europe.
What's next for Agrivi?
With its recent major strategic investment and a substantial overall funding history, Agrivi is poised for accelerated growth and market leadership. The company's focus on data-driven agricultural solutions indicates a strategic push towards scaling its platform and expanding its reach globally. Future developments are likely to center on enhancing its technological capabilities, forging new partnerships, and further integrating its digital solutions into mainstream farming practices, solidifying its role in shaping the future of food production.
See full Agrivi company page