# ALVIE 1

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/alvie-1

- Industry: Agribusiness
- Headquarters: Paris, France
- Website: www.alvie.fr
- Total disclosed funding: $2.2M
- Latest round: Seed (Dec 8, 2024)
- Investors on record: 3

## About

Based in France, and founded in 2020, ALVIE 1 operates as an ag-tech company that develops products based on sensors and an AI platform to assist farmers in adjusting pesticide doses. Some of the firm's clients are OXYANE, McCain, La Flandre, etc. In December 2024, ALVIE 1 raised EUR 2.1 million in seed funding led by investor Tilia Impact Ventures, with participation from other investors Better Angle, Leia Capital, BeAngles and Climate Club. The firm as of January 2025, is led by its cofounder, Nadir Ghrous, and CEO, Edita Bezegova. 

Alvie specializes in digital solutions for optimal crop spraying, primarily offering its flagship product, HYGO, which serves as an agronomic assistant for crop protection. HYGO integrates agronomic intelligence to ensure precise application of agricultural inputs, optimizing Integrated Fertility Treatment (IFT) levels by to 0.25 points per year and Increasing the efficiency of active ingredients by up to 25%. The PHYTO PORTAL provides free access to a resource for plant protection, including detailed product sheets with application conditions, equipment, and resistances. HYGO also integrates with CERTIPHYTO, offering both tests and dedicated training courses to help users become certified. The firm also offers weather data and traceability features, to help users manage spraying schedules, optimize doses, and maintain proper records.

Alvie generates revenue through a subscription-based model for its HYGO service, charging a fixed fee per hectare based on crop type and protection strategy. 

The company plans to utilize the December 2024 funding for product development and international expansion.

## Funding rounds

- Seed, Dec 8, 2024, $2.2M — Tilia Impact Ventures, Leia Capital, Better Angle

## Investors

- Tilia Impact Ventures (https://capitalatlas.ai/funds/tilia-impact-ventures) — Seed
- Leia Capital (https://capitalatlas.ai/funds/leia-capital) — Seed
- Better Angle (https://capitalatlas.ai/funds/better-angle) — Seed
