XFarm funding news – Switzerland-based XFarm Technologies Secures €36Million in Series C Round Funding
Oct 9, 2024 | By Team SR
XFarm Technologies, a key player in digitalizing the agri-food sector, secures an impressive €36 million in Series C round funding! This recent funding round, led by Partech's Impact Growth Fund, with participation from Mouro Capital, Swisscom Ventures, United Ventures, and existing institutional investors, marks a significant milestone for the company.
SUMMARY
- XFarm Technologies, a key player in digitalizing the agri-food sector, secures an impressive €36 million in Series C round funding
- xFarm Technologies is leading the way in the digitization of the agri-food sector, offering innovative tools to support farmers and stakeholders in managing their businesses.
With previous successful funding rounds in 2019 and 2022, it is on a path of remarkable growth and innovation. This latest investment will fuel the company's ambition to solidify its position in Europe and drive expansion across LATAM, India, Turkey, and the US. Through strategic partnerships and new hires, XFarm is set to make a lasting impact in these key regions, transforming the agri-food sector with cutting-edge technology.
By leveraging AI technologies alongside its deep agronomic expertise, this company is revolutionizing the agricultural sector. With a global reach, it aids over 450,000 farms across 100+ supply chains, covering 7 million hectares in 100+ countries. Established as a key player in Europe, it has strong footholds in Switzerland, Italy, Spain, France, Germany, Poland, and the UK.
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About xFarm
xFarm Technologies is leading the way in the digitization of the agri-food sector, offering innovative tools to support farmers and stakeholders in managing their businesses.