Agrivi, an agri-tech company that is building a robust farm management platform, has raised €4 million from South Central Ventures, the European Investment Fund and the Croatian Bank for Reconstruction and Development. Fil Rouge Capital and AgriTech Hub also participated in the round, which aims to help the company scale its business in Europe and the US.
Founded in 2013 and based across offices in London, Bucharest, Zagreb and Warsaw, Agrivi's platform supports farms and agri-food companies in reaching crop production that is both economically and environmentally sustainable.
Its customers references include the likes of Nestlé, Driscoll’s, Kimberly-Clark and BNP Paribas.
"Strong progress in the last period and extraordinary customers we support have prepared us for the next stage of our growth. The recent global happenings have put additional spotlight on the food and agriculture, so the interest of investors for Agrivi is strong and we are considering to extend the round with additional round closing," said Matija Zulj, founder and CEO at Agrivi.
We listed Agrivi as one of the 10 European agtech companies to watch back in 2015, a year after winning the World Startup Competition.
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