Estonian-based eAgronom bag €5M to help farmers adopt sustainable farming methods
Summary
Tallinn-based eAgronom, an agtech startup that helps farmers generate additional revenue streams, improve soil quality, and access better financing, announced on Tuesday, June 27, that it has secured $5.5M (approximately €5M) in a fresh round of funding. The investment came from Icos Capital, Soulmates Ventures and SmartCap Green Fund. Enterprise Estonia also provided eAgronom with a special grant to aid in the creation and innovation of its products. The SmartCap Green Fund investment was made possible by the resources of the European Union’s recovery strategy, NextGenerationEU. Michal Sikyta, Investment Manager of Soulmates Ventures, says, “The well-experienced team at eAgronom delivers a complex data-driven solution that combines three business streams into one platform, empowering farmers to leverage sustainable agriculture practices.”
Funding
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