PEAT
Latest round
- Series A
Last raised
- Oct 2019
Total raised
- $14M
Investors
- 4
About PEAT
PEAT GmbH was formed in 2015 in Berlin, Germany, providing a mobile application that assists farmers in diagnosing crop diseases. The company was also recently acquired by Helm AG, with the acquisition details undisclosed.Plantix offers a robust platform designed primarily to assist farmers in diagnosing and treating crop diseases while enhancing their agricultural practices. The core service revolves around a user-friendly mobile application that allows users to capture images of affected crops, receiving near-instantaneous diagnoses and treatment recommendations. This service is tailored for individual farmers, agronomists, and agricultural experts within a global community, facilitating knowledge exchange and support among users. The app encompasses a comprehensive library of information regarding various plant diseases and prevention strategies, ensuring users are equipped to achieve successful harvests.Plantix generates revenue primarily through its app, which may operate under a freemium model, allowing users to access basic features while offering premium functionalities for enhanced services. Additionally, the company engages in partnerships with agri-retailers and agribusinesses, facilitating a business-to-business (B2B) structure that supports agricultural supply chains. Users can subscribe to premium content or features that provide advanced diagnostic tools and personalized consultations. With its extensive reach within the agricultural sector, users benefit from direct-to-consumer interactions and retail partnerships, making transactions seamless for farmers seeking effective crop health solutions.Following the acquisition by Helm AG in April 2023, PEAT GmbH plans to leverage the new ownership for further product development and geographic expansion. They aim to introduce new features in their application that enhance user experience and diagnostic capabilities. The company is also targeting expansion into new markets, focusing on regions in Asia and Africa by the end of 2024.
Who invested in PEAT
4 investors across 3 rounds
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Questions about PEAT
Who invested in PEAT?
PEAT 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 PEAT raised?
PEAT has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did PEAT last raise money?
PEAT's most recent round on record is a Series A, in Oct 2019.
What does PEAT do?
PEAT GmbH was formed in 2015 in Berlin, Germany, providing a mobile application that assists farmers in diagnosing crop diseases.
Where is PEAT headquartered?
PEAT is headquartered in Berlin, Germany.
Which VCs invest in companies like PEAT?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at PEAT's stage. Their profiles are linked below.
VCs backing software startups at Series A
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