Hone Pty.
Latest round
- Seed
Last raised
- Mar 2019
Total raised
- $2.1M
Investors
- 1
About Hone Pty.
Hone Pty. Ltd.Founded in 2016 in Australia, Hone Pty. Ltd. focuses on agricultural technology solutions. The company was established by Antony Martin and William Palmer.Hone Ag specializes in providing advanced agricultural technology solutions, primarily through in-field quality measurement using Near-Infrared (NIR) spectroscopy. Their key products include Hone Lab Red, a portable device for on-farm grain analysis, and Hone Carbon, a soil testing and carbon measurement service. The Hone Lab Red allows farmers to assess grain quality by measuring moisture and protein levels, helping them optimize their harvest decisions. Hone Carbon offers a comprehensive soil carbon measurement service that is compliant with Australia's Carbon Farming Initiative, catering to sustainability-focused agricultural producers.Hone Ag generates revenue through the direct sale of its products and services, targeting agricultural producers and related stakeholders with a business-to-business (B2B) model. Sales involve one-time purchases of devices like Hone Lab Red and Hone Carbon, as well as potential subscription services for ongoing data analysis and support.In February 2022, Hone Pty. Ltd. Future strategies include the design and launch of new products, with specific details and release dates yet to be disclosed. Hone Ag also aims to expand into additional international markets where precision farming practices are gaining traction.
Who invested in Hone Pty.
1 investor across 3 rounds
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Questions about Hone Pty.
Who invested in Hone Pty.?
Hone Pty. has 1 investor 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 Hone Pty. raised?
Hone Pty. has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Hone Pty. last raise money?
Hone Pty.'s most recent round on record is a Seed, in Mar 2019.
What does Hone Pty. do?
Hone Pty. is a software company.
Where is Hone Pty. headquartered?
Hone Pty. is headquartered in Australia.
Which VCs invest in companies like Hone Pty.?
Among active investors with capital left to deploy, Blackbird, AirTree Ventures, Square Peg and Immutable Ventures back software companies at Hone Pty.'s stage. Their profiles are linked below.
VCs backing software startups at Seed
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