What is Sencrop?
Founded in 2016, Sencrop operates at the intersection of agriculture and technology, offering solutions designed to help farmers manage and mitigate a wide array of risks. These risks include unpredictable weather patterns and the threat of diseases that can impact crop yields. The company's focus on providing actionable data and insights positions it as a critical player in modernizing agricultural practices and enhancing farm resilience.
How much funding has Sencrop raised?
Sencrop has raised a total of $29.5M across 3 funding rounds:
Angel/Seed
$1.5M
Series A
$10M
Series B
$18M
Angel/Seed (2017): $1.5M with participation from Emertec and Breega
Series A (2019): $10M led by Bpifrance
Series B (2022): $18M supported by JVP, EIT Food, and Stellar Impact
Key Investors in Sencrop
JVP
JVP is an international venture capital firm founded in 1993, specializing in digital media, enterprise software, semiconductors, data storage, and cybersecurity, based in Israel.
EIT Food
EIT Food is Europe's leading food innovation initiative, aiming to create a sustainable food sector through collaboration with industry, startups, and research institutions. It supports high-potential agrifood startups and scaleups.
Stellar Impact
Stellar Impact operates in the Venture Capital & Private Equity industry, providing funding to companies and headquartered in Belgium.
What's next for Sencrop?
The substantial enterprise-level funding, particularly the recent strategic investment, signals a new phase of growth and expansion for Sencrop. This capital infusion is likely to fuel further product development, enhance market penetration, and potentially explore new technological integrations. The company's trajectory suggests a strong commitment to innovation in the agritech sector, aiming to solidify its position as a leader in risk management for farmers globally.
See full Sencrop company page
