eAgronom, a startup that provides farm management software (FMS) and AI-backed consulting services for farmers, has announced it raised $8 million in funding. The $7.4M Series A equity round was led by Yolo Investments and ZGI Capital, with participation from Trind VC, Iron Wolf Capital and United Angels VC. eAgronom is also the recipient of a $600k EU grant.
Through our experience helping farmers with technology, we are uniquely positioned to capture the global agri-carbon opportunity. We leveraged our 1 million hectare farmer portfolio to get started but can’t stop there. To fight climate change, we have to provide transparent tracking and access to capital to all nature-based companies. We believe there is an outcome that can provide a win to farmers, consumers, the environment, and businesses looking to enhance their green credentials while incorporating the most rigorous standards to measure and certify carbon sequestration. We aim to become the leading developer of high-quality carbon credits.
Robin Saluoks, co-founder and CEO of eAgronom
Many companies want to be in Web3, but eAgronom and Solid World DAO have actual applications. Voluntary carbon markets lack transparency and liquidity, and blockchain is the best technology for providing both. We are excited to use our experience in crypto to support the company.
Tim Heath, General Partner at Yolo Investments
It’s the type of innovation the world needs to tackle climate change: one that marries financial success with helping the planet. Monitoring software and farmer networks give the company a head start and strategic advantage. Combined with the global movement toward net zero, eAgronom is an exciting business to be a part of.
Normunds Igolnieks, General Partner at ZGI Capital