ZoomAgri, a Madrid, Spain-based Ag&Food tech startup, raised $6M in Series A funding.
The round, which brought the total amount to $11M, was led by GrainCorp and GrainInnovate, with participation from SP Ventures and Artesian.
The company intends to use the funds to accelerate product development and to expand its operations into Canada and the United States in the coming months.
ZoomAgri provides a SaaS platform for testing, inspection, certification and traceability of Agri & Food supply chains via artificial intelligence for the determination of the variety and quality of cereals and oilseeds. An image database of more than 250 million individual images powers their AI algorithms.
The company serves clients such as exporters, processors, grain handlers, seed companies, surveyors and laboratories. With offices in Argentina, Brazil, Australia and Spain, ZoomAgri has gained global traction with customers in over 25 countries.
FinSMEs
21/07/2023