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Agxio

Smart Farming
Vertical Farming
Product stageSegments
Early
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Crops Monitoring & Analytics
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Based in the UK, Agxio uses machine-learning, AI, and data science to build a range of low-code cloud-based applications for uses in the fields of  agriculture, life sciences (including genetic research and drug discovery), and biotechnology.

In the smart farming space, Agxio offers three solutions “Mercury,” “Centaur,” and “Zeus”. Mercury uses  raw data from sensors, drones, and third-party data sources to provide real-time alerts to manage water contamination and crop input  recommendations. Centaur is a smart farming platform providing real-time analysis on areas including crop and soil health, disease detection, and yield prediction. Zeus focuses on field mapping and on pest and disease detection using drones and other crop scouting technologies. Agxio offers its solutions on a subscription basis. For instance, Agxio charges Centaur users USD 250/month.

The company reports that it has commercialized its offering and its solution is validated across industries with use cases in arable and livestock farms as well. One of the users is Farming Connect, Wales’ governmental organization providing support to farmers, which deployed Mercury software at 18 of the latter’s demonstration farms including cattle, sheep, and poultry farms in June 2021. The project tested the viability of introducing sensor technology into these farms using the Mercury software, capturing data from Low power Long-range Wide Area Network (LoRaWAN) sensors to provide informed decisions on livestock management. Farming Connect reported that its farmers could improve their productivity, reduce carbon footprint, and make data-driven decisions to optimize farm operations.

In March 2022 , Agxio raised GBP 2.1 million (~USD 2.74 million) in an oversubscribed pre-Series A funding round led by the Development Bank of Wales to support its scaling and international expansion plans.

Smart Farming

Smart Farming

Key stats
Featured companies
116
Total funding (USD)
5.1 Bn
Total addressable market (USD)
48.5 Bn
Key competitors
 
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Company profile
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Recent Updates

Funding
Mar 15, 2022
Agxio raises GBP 2.1 million in pre-Series A funding
Smart Farming
Funding
Mar 15, 2022
Agxio raises GBP 2.1 million in pre-Series A funding
Vertical Farming

Company Brief


HQ location:
Aberystwyth GBR
Founded year:
2018
Employees:
11-50
Total Funding:
USD 3.7 million
Last Funding
USD 2.7 million, Mar 2022

Funding


Investors


No investor data is available

Funding data are powered by Crunchbase
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