# Scoutlabs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/scoutlabs

- Industry: Agribusiness
- Headquarters: Budapest, Hungary
- Website: www.scoutlabs.ag
- Total disclosed funding: $2M
- Latest round: Seed (Jun 26, 2024)
- Investors on record: 4

## About

Founded in 2022 by Donát Posta and Jimmy Fong, and based in Budapest, Hungary, Scoutlabs, formerly known as SMAPP Lab, operates as a provider of pest management systems for the agricultural sector. In June 2024, Scoutlabs raised USD 2 million in seed funding from Depo Ventures sro., Interactive Venture Partners, Thrive, and Impact Ventures.

Scoutlabs provides a digital pest detection system for agriculture that offers solar-powered, weatherproof traps with cellular connectivity utilizes artificial intelligence to detect pest pressures, and sends automatic notifications for precision actions. The system provides daily AI-monitored pest data, actionable insights, and easy DIY installation, enhancing pest management and reducing labor costs. 

The company intends to use the June 2024 funding to expand business operations.

## Funding rounds

- Seed, Jun 26, 2024, $2M — Thrive, Impact Ventures, Depo Ventures, Interactive Venture Partners

## Investors

- Thrive (https://capitalatlas.ai/funds/thrive) — Seed
- Impact Ventures — Seed
- Depo Ventures (https://capitalatlas.ai/funds/depo-ventures) — Seed
- Interactive Venture Partners (https://capitalatlas.ai/funds/interactive-venture-partners) — Seed