Augmenta
Latest round
- Series A
Last raised
- Apr 2021
Total raised
- $11M
Investors
- 4
About Augmenta
A provides Artificial Intelligence (AI) based solutions comprised of the web platform and hardware devices to farmers interested to get the best possible efficiency from the land and increase seasonal net income. The company has its presence in Australia, South and North America, CIS, and Europe intending to enhance arable land's capacity in an environmentally sustainable way. The company’s products include Augmenta Field Analyzer, In-cabin mobile application and Web Portal. Augmenta Field Analyzer is used to scan crops' health, estimate required fertilizer rate and apply it using spreaders or sprayers all in real-time. In-cabin mobile application and Web Portal offers post-operational and real-time in-depth field analytics. Also, the web portal is used by farmers for fleet monitoring, including tractor’s location and covered acres, machinery analytics (active/downtime) and speed and application rate/analysis., desiccants) real-time VRA and in-season multizone nitrogen real-time VRA. In-season nitrogen real-time VRA is used to automatically apply different rates of Nitrogen (liquid/solid) to meet the specific nutritional requirements of crops based on canopy data. Plant Growth Regulator is used to modify plant growth to promote or suppress various growth characteristics, thereby maximizing yield potential. Harvest aid VRA is used to allow efficient timely harvesting of crops, such as cotton to gain maximum yield and financial returns. In-season multizone nitrogen real-time VRA helps farmers to enhance nitrogen use efficiency by using collected data that gives insights about the exact needs of each part of the land. The company generates revenue by providing premium services (such as automation of spraying for specific crop and input combinations) of farmers’ choice from its in-cabin interface. The premium services of the company are sold through a software-as-a-service model (SaaS). The company's premium service costs in between USD 1 and USD 4 per unique acre per year. The company plans to use its proceeds from March 2021 to bring green-on-brown pesticide spraying services to market, along with accelerating R&D around other services it could offer.
Who invested in Augmenta
4 investors across 3 rounds
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Questions about Augmenta
Who invested in Augmenta?
Augmenta has 4 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Augmenta raised?
Augmenta has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Augmenta last raise money?
Augmenta's most recent round on record is a Series A, in Apr 2021.
What does Augmenta do?
A provides Artificial Intelligence (AI) based solutions comprised of the web platform and hardware devices to farmers interested to get the best possible efficiency from the land and increase seasonal net income.
Where is Augmenta headquartered?
Augmenta is headquartered in Paris, France.
Which VCs invest in companies like Augmenta?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back agribusiness companies at Augmenta's stage. Their profiles are linked below.
VCs backing agribusiness startups at Series A
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