# Space

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/space-2

- Industry: Software
- Headquarters: Miami, US
- Website: www.spaceag.co
- Total disclosed funding: $0.8M
- Latest round: Seed (Aug 3, 2021)
- Investors on record: 2

## About

Space AG is dedicated to enhancing agricultural practices through innovative agro-technology solutions, focusing on data collection and visualization for efficient and accurate crop management.Founded in 2017 by Cesar Urrutia and Guillermo De Vivanco, Space AG is based in Miami, US. The company specializes in agro-technology, offering digital solutions for agricultural operations. Their latest funding round was a Seed round completed in August 2021, raising USD 750,000, primarily led by The Yield Lab and Winnipeg Ventures.Space AG provides a comprehensive agro-technology solution to digitalize agricultural operations. Their main offerings include a mobile application for data collection and a web-based platform for data visualization. The mobile app facilitates the gathering of geolocated data without requiring internet connectivity, improving field evaluations. The web platform digitizes this data, allowing agricultural stakeholders to access real-time insights, generate automated reports, and receive timely alerts. Their solutions are ideal for high-value, labor-intensive crops such as avocados, blueberries, grapes, and asparagus, and are utilized by major agro-exporters across North America, South America, and parts of Europe.Space AG utilizes a subscription-based revenue model, charging a one-time implementation fee and a recurring monthly license fee for software usage. The services offered are tailored to agricultural enterprises, focusing on pest management, irrigation optimization, workforce management, and more, with pricing determined by managed hectares and active users. This B2B approach fosters long-term partnerships with large agricultural producers, ensuring ongoing revenue through service engagement and module expansions.Following their Seed funding round in August 2021, which raised USD 750,000, Space AG plans to strengthen its commercial team and expand its presence in the Chilean and Mexican markets, targeting high-value crops such as grapes, avocados, blueberries, and cherry trees. The funds will be utilized to support these initiatives as the company aims to enhance its market reach and product offerings.

## Funding rounds

- Seed, Aug 3, 2021, $0.8M — The Yield Lab, Winnipeg Capital

## Investors

- The Yield Lab (https://capitalatlas.ai/funds/the-yield-lab) — Seed
- Winnipeg Capital — Seed