business applications

European data-driven AgTech startups

Farmers manage almost half of all European land area, making agriculture a dominant industry in Europe. A wave of the AgTech startups, initiated by the acquisition of Climate Crop by Monsanto in 2013, has reached Europe, where a startup activity is growing in the AgTech domain during last 3–4 years. Three of them are powered by Space at ESA Business Applications:

HummingBird Technologies, UK (total funding — NA) — HummingBird Tech is a company that uses drones with customized sensors and satellite to gather data and imagery to be used for precision agriculture. They make use of advanced machine learning algorithms and computer vision to provide insights on crop health. Their products include detection of crop diseases, nutrient optimization and more.

Gamaya, Switzerland (total funding USD 7.4M) — Through drone-based hyperspectral imaging, satellite data and artificial intelligence, along with the weather information, Gamaya helps to improve the efficiency and sustainability of farming businesses. They focus on delivering various crop and region-specific agronomy solutions like planting efficiency analysis, yield forecasting, weeds detection, detection of nutrients, and more.

AgriCircle, Switzerland (total funding — NA) — With a focus on maximizing yields, AgriCircle gives farmers an end-to-end software system that covers things from variable rate applications of herbicides and seeds, all the way to field history, data analytics, and emissions. Germany is the main market for the Company.

Do you also have an idea for business in AgTec? We offer funding and support for Organic Best Practice.

European AgTech startups map

 
22 February 2018 - Last updated at 26 February 2018 - 09:54