# ALZAGRO Kft.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/alzagro-kft

- Industry: Agribusiness
- Headquarters: Hungary
- Website: www.alzagro.com
- Total disclosed funding: $0.1M
- Latest round: Seed (Mar 22, 2019)
- Investors on record: 1

## About

ALZAGRO Kft. is a Hungarian company specializing in innovative agricultural solutions, focusing on enhancing productivity and sustainability in farming practices through advanced technology and data-driven approaches.Founded in 2018 in Hungary, ALZAGRO Kft. operates within the agricultural technology sector, providing solutions aimed at optimizing farming productivity. The company has conducted 2 deals, with the latest being a Seed round on March 22, 2019, raising EUR 0.10 million from Hiventures. The firm is led by CEO Alfréd Rombolotto, and was established by founders Alex Toth, Mihaly Toth, and Zalan Turi.ALZAGRO Kft. offers a range of advanced agricultural solutions designed to improve crop yields and streamline farming processes. Their services include precision agriculture technologies, data analytics tools, and environmentally sustainable farming practices. They focus on empowering farmers with innovative technologies that enhance operational efficiency and sustainability measures throughout the agricultural lifecycle.In the most recent year, 2022, ALZAGRO Kft. reported a revenue of EUR 1,182.90 mn, while the EBITDA for the same year stood at EUR -81,709.40.ALZAGRO Kft. aims to expand its product offerings by launching new agricultural solutions tailored for emerging markets, particularly targeting regions in Eastern Europe and Southeast Asia by the end of 2024. The recent Seed funding of EUR 0.10 million will be utilized to support the development of these new products and enhance market entry strategies. The company is committed to leveraging technological advancements to meet the growing demand for sustainable agricultural practices.

## Funding rounds

- Seed, Mar 22, 2019, $0.1M — Hiventures
- Seed, Jun 22, 2018, $0M — Hiventures

## Investors

- Hiventures (https://capitalatlas.ai/funds/hiventures) — Seed