# xFarm S.r.l

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/xfarm-s-r-l

- Industry: Software
- Headquarters: Italy
- Website: www.xfarm.ag/
- Total disclosed funding: $60M
- Latest round: Series C (Oct 9, 2024)
- Investors on record: 9

## About

Based in Italy, xFarm Srl provides a digital platform designed for modern farm management, emphasizing sustainability and efficiency in agricultural practices.Founded in 2017, xFarm S.r.l specializes in digitizing agricultural operations. The company has raised EUR 36.000 mn in its latest Series C funding round, led by Partech on October 9, 2024, with additional investments from Mouro Capital, Swisscom Ventures, and United Ventures. The founders include Lucas Marchesini, Martino Poretti, Matteo Vanotti, Stanley Chup, and Yvette Dube, while Francesco Catrini serves as CEO.xFarm offers a comprehensive platform designed for farm management, focusing on digitization and sustainability in agriculture. Their core product is an app that integrates various functions essential for modern farming, such as field management, crop protection, livestock monitoring, and economic management. This platform allows farmers to digitize their operations efficiently, enabling them to monitor environmental impacts, manage resources effectively, and implement precision agriculture techniques. The app supports a wide range of customers, including over 500,000 farms and various agricultural businesses across Europe and Latin America, with a strong emphasis on assisting clients in transitioning to sustainable practices such as regenerative agriculture. xFarm's technology is also utilized by agronomists and cooperatives, enhancing productivity and sustainability across diverse agricultural sectors.In the most recent year, 2023, xFarm reported a revenue of EUR 6,012,483.10, with an EBITDA of EUR -930,301.Following the significant investment received in October 2024, xFarm S.r.l plans to utilize the EUR 36.000 mn raised to expand further across Europe, LATAM, India, Turkey, and the US. The company is focused on developing new products to enhance its platform, aiming to launch these innovations while strategically entering these new markets.

## Funding rounds

- Series C, Oct 9, 2024, $39M — Partech Partners, United Ventures, Swisscom Ventures, Mouro Capital
- Series B, Aug 5, 2022, $17M — Emerald Technology Ventures, United Ventures, Swisscom Ventures, Neva, NovaCapital, Grey Silo Ventures
- Series A, Dec 4, 2019, $3.3M — United Ventures, TiVenture

## Investors

- United Ventures (https://capitalatlas.ai/funds/united-ventures) — Series A, Series B, Series C
- TiVenture (https://capitalatlas.ai/funds/tiventure) — Series A
- Emerald Technology Ventures (https://capitalatlas.ai/funds/emerald-technology-ventures) — Series B
- Swisscom Ventures (https://capitalatlas.ai/funds/swisscom-ventures) — Series B, Series C
- Neva (https://capitalatlas.ai/funds/neva) — Series B
- NovaCapital (https://capitalatlas.ai/funds/novacapital) — Series B
- Grey Silo Ventures (https://capitalatlas.ai/funds/grey-silo-ventures) — Series B
- Partech Partners (https://capitalatlas.ai/funds/partech-partners) — Series C
- Mouro Capital (https://capitalatlas.ai/funds/mouro-capital) — Series C