# Favo Technology of Automated Vegetable Gardens Ltda

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/favo-technology-of-automated-vegetable-gardens-ltda

- Industry: Software
- Headquarters: Brazil
- Website: www.favotecnologia.com.br
- Total disclosed funding: $0.2M
- Latest round: Angel (Sep 3, 2021)
- Investors on record: 2

## About

Favo Technology of Automated Vegetable Gardens Ltda develops automated systems for home gardening, enabling users to grow vegetables and herbs efficiently and sustainably, enhancing urban agriculture with innovative solutions.Founded in 2017 in Brazil, Favo Technology of Automated Vegetable Gardens Ltda specializes in providing automated gardening solutions. The company was founded by Raissa Yamasaki and is led by CEO Marcelo Pinhel. In September 2021, the company raised BRL 1.2 million in an Angel funding round from investors Anjos do Brasil and Curitiba Angels. This round was the total amount raised by the company, indicating a focused investment strategy towards their operations.Favotecnologia specializes in delivering innovative technological solutions aimed at enhancing operational efficiency for businesses across various sectors. Their core product offerings include advanced software tools designed for automation, data analytics, and system integration, which cater to specific industry needs such as logistics, manufacturing, and retail. These tools are engineered to streamline processes, reduce costs, and improve decision-making capabilities for their client base, which encompasses small to medium-sized enterprises as well as larger corporations. Favotecnologia's solutions are positioned in markets such as South America and parts of North America, where they serve a diverse clientele seeking to optimize their technological infrastructure and improve overall productivity through tailored applications and services.Favotecnologia generates revenue through a combination of direct sales and subscription-based models, allowing clients to access their software solutions either as one-time purchases or ongoing services. Businesses typically engage with Favotecnologia through structured partnerships, where long-term contracts are established to ensure consistent software updates and support services. The revenue streams are supplemented by additional offerings related to consultation and training, enabling clients to maximize the benefits of the technology deployed. This transactional framework ensures that clients, including retail chains and logistics firms, can effectively integrate and utilize the software within their operational ecosystems, fostering a sustainable revenue model for Favotecnologia.In September 2021, Favo Technology of Automated Vegetable Gardens Ltda raised BRL 1.2 million in an Angel round to enhance their offerings for urban gardening. The funding will enable the company to simplify the planting process for users wishing to cultivate their own spices and foods. Additionally, Favo Technology plans to expand its services to include solutions for medicinal cannabis producers, targeting this market segment by leveraging their technological expertise as they develop new products and capabilities.

## Funding rounds

- Angel, Sep 3, 2021, $0.2M — Curitiba Angels, Anjos do Brasil

## Investors

- Curitiba Angels — Angel
- Anjos do Brasil (https://capitalatlas.ai/funds/anjos-do-brasil) — Angel