AgXeed
Latest round
- Seed
Last raised
- May 2021
Total raised
- Undisclosed
Investors
- 2
About AgXeed
V.V. focuses on autonomous farming technologies. The company has not undergone significant pivots or changes in operations since its inception. It operates from its headquarters in the Netherlands.055 W3. These machines are designed to operate autonomously for extended periods, up to 23 hours, utilizing advanced algorithms and cloud-based data models to enhance operational efficiency. The AgXeed Portal complements these units by allowing farmers to pre-plan agricultural activities, manage scenarios based on environmental variables, and monitor operational data to improve yield quality and overall productivity.AgXeed generates revenue through the sale of its AgBots and the associated services offered via the AgXeed Portal. The revenue model primarily involves direct sales to end-users and partnerships with distribution partners who facilitate the initial setup and ongoing support for the machines. Transactions typically encompass one-time purchases of AgBots, along with potential subscription fees for access to advanced features of the AgXeed Portal, which may include data analytics and enhanced operational planning tools. The pricing structure reflects the capabilities of individual AgBot models, catering to various agricultural applications and soil types.AgXeed plans to enhance its product line by designing new AgBot models with advanced features aimed at improving efficiency and usability, with expected launches over the next few years. The company targets expansion into additional European markets, specifically France and Italy, by 2024.
Who invested in AgXeed
2 investors across 1 round
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Funding rounds
Seed
May 12, 2021
Amount
Undisclosed
Investors
Questions about AgXeed
Who invested in AgXeed?
AgXeed has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has AgXeed raised?
AgXeed has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did AgXeed last raise money?
AgXeed's most recent round on record is a Seed, in May 2021.
What does AgXeed do?
AgXeed is a consumer services company.
Where is AgXeed headquartered?
AgXeed is headquartered in Netherlands.
Which VCs invest in companies like AgXeed?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back consumer services companies at AgXeed's stage. Their profiles are linked below.
VCs backing consumer services startups at Seed
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