eAgronom, an innovative climate tech company in the agriculture sector, has successfully raised €10 million in its Series A2 equity round. The prominent investment bank Swedbank AB has taken the lead in this round by investing €4 million. Moreover, eAgronom’s existing investors – Icos Capital, Soulmates Ventures, and SmartCap Green Fund – who previously participated in the company’s convertible round in 2023, have also increased their investments to support eAgronom’s ambitious growth plans.
Robin Saluoks, co-founder and CEO of eAgronom, emphasizes the conservative nature of the farming sector, stating that farmers typically have only 40 harvests in their entire careers. This limited window for experimentation often leads to a reluctance to adopt new practices. Nevertheless, eAgronom aims to change this paradigm by offering sustainable solutions that prioritize soil health and environmental preservation.
With the newly acquired funds, eAgronom will further enhance its innovative technology and expand its services to reach more farmers worldwide. By providing data-driven insights and tailored recommendations, eAgronom empowers farmers to optimize their practices and make informed decisions about crop management, soil health, and resource utilization.
eAgronom’s commitment to sustainability aligns with the urgent need to address climate change and promote sustainable farming practices. By securing this substantial investment, eAgronom is well-positioned to lead the industry in driving positive change and shaping the future of agriculture for a healthier planet.