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Agrosmart App Raises US$1m Seed Round from Baita and SP Ventures

19 May 2016

(Agfunder News) Agrosmart, a service that intends to connect farmers to their crops, has raised a US$1m seed round from Sao Paulo-based venture capital consultant and investor Baita and Brazilian venture capital firm SP Ventures.

Using sensors, meteorological data, image processing and an application based on Cloud Computing, the app provides farmers with real-time monitoring of various metrics. The Brazilian company closed a $100,000 seed round in December 2014 with Baita as well as Spain’s federal startup support program Start-Up Brasil.