CerraCap Ventures invests in soil microbiome focused AgTech firm Solena AG
Summary
Solenas proprietary, AI-powered Prometheus platform is the most extensive soil microdata repository in the world that turns diagnostics data into insights and customized microbial inoculant recommendations. Solena analyses the soil biome, identifies shortcomings and recommends custom microbial inoculants to help farmers maximize the crop quality and, hence, their RoI and profitability. "The agricultural industry is facing multiple challenges, like the dependence of certain crops on fertilizers and pesticides, the exhaustion of aquifers, the pollution resulting from these activities, and the increasing demand for food products versus the decrease of returns due to climate change. The company measures, appraises and improves farmers biological capital and offers a sampling kit to provide measurement and valuation results for the soil, enabling farmers to access tools to achieve a sustainable and environmentally friendly approach to current-day agriculture.Welcoming CerraCap Ventures on this mission-critical journey, Irving Riviera, Co-Founder and CEO of Solena AG, said, "We are tackling the constant degradation of the very foundation of agriculture, the soil. It enables rapid growth of technology startups leveraging its unique Sales & Scale business model, driving revenue from large enterprises into its portfolio companies.