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Augmenta Raises USD 8 million in Series A Funding
Smart Farming
Mar 23, 2021
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Smart Farming

Smart Farming

Mar 23, 2021

Augmenta Raises USD 8 million in Series A Funding

Funding

  • Augmenta, a Greek agritech startup focusing on hardware and software systems to assist farmers in scanning crop fields, raised USD 8 million in Series A funding. 

  • The round was primarily supported by CNH Industrial (one of the largest agriculture vehicle companies- market capitalization over USD 20 billion) and Pymwymic (one of the key sustainable development companies in Europe). 

  • The funding is expected to help expand the reach of the company’s key product- Augmenta Field Analyzer, which allows the complete automation of agricultural operations such as field analysis and fleet monitoring.

  • Augmenta has operations across 16 countries and with this funding, it aims to further expand its distribution network globally.

  • Founded in 2016, Augmenta is a developer of precision agriculture solutions by combining sensor, satellite, and drone technologies in its Augmenta Field Analyzer product.

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