202418 Apr

Agritech: Vitalfluid raises €5M seed round

Summary

With this funding, Vitalfluid aims to accelerate the introduction of Plasma Activated Water (PAW) applications, offering a sustainable alternative to agrochemicals like pesticides and fertilisers. Chemical pesticides are crucial for securing global food production but pose a significant threat to human health, biodiversity, and the environment. Its plasma systems enable farmers to produce VitalFluid PAW on the premises, which can be easily integrated into existing greenhouse and orchard infrastructure. Erik Hertel, CEO VitalFluid: “We are proud to team up with these strong investors that recognise the potential of plasma technology in agriculture. Their long-term vision, extensive knowledge in both deep tech and agriculture and strong network perfectly fit our ambition to make PAW a game-changer in food production.” Two years ago, regional development fund BOM and VDL Group poured €2M into the Eindhoven agtech company.

Source: Siliconcanals

Funding

$5.46M
Amount
Apr 18 2024
Date
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Investor
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Company

Classifications

Companies