KisanHub, a Cambridge-founded startup applying AI to agriculture, has raised £1.12 million to accelerate its growth in the UK and Europe. The round was led by Low Carbon Innovation Fund 2 (LCIF2) with backing from the Future Fund. Existing investors IQ Capital, Notion Capital and Sistema VC also joined. The ‘seed to sale’ connectivity platform combines crop intelligence with supply chain intelligence, to make sure what farms yield actually makes it to kitchens in good shape. Integrating data from crops, stores, load dispatches, satellites and field sensors, the platform helps growers, field staff, procurement managers and management teams make informed decisions and avoid bottlenecks. The company’s target customers are agricultural enterprises supplying retailers and processors that work with a network of contract farmers or own their own farmland. Global beverage giant ABInBev has implemented the platform to connect with the growers and achieve its 2025 sustainability goals. Indeed, sustainability — and promoting sustainable practices across the industry and across Europe — drives KisanHub. “This investment will enable us to grow the business in the UK and Europe and strengthen our links with local and national governments,” says Sachin Shende, co-founder and CEO. LCIF2 is funded by the European Regional Development Fund, with the UK Ministry of Housing, Communities and Local Government as the Managing Authority. The fund is managed by Turquoise, a London-based merchant bank that specialises in energy, environment and efficiency. Founded in 2013, the agritech startup received over £3 million in a Series A round last year and raised a £1.75 million seed round back in 2018.
Photo: KisanHub team