Sencrop has raised $18 million in Series B funding led by JVP to enhance its position as a leader in precision agriculture and expand its international reach.
Target Information
Sencrop is a prominent player in the ag-tech sector across Europe, specializing in precision agriculture with its collaborative agro-meteorological solutions based on microclimate technology. Established in 2016, Sencrop has rapidly become the European leader in connected agricultural solutions, serving over 20,000 professionals across more than 20 countries. Their platform empowers farmers to make informed decisions daily, enhancing their yields while minimizing environmental impact.
By harnessing real-time and predictive microclimatic data, Sencrop enables farmers to optimize resource usage. This includes managing irrigation and applying agricultural inputs only when conditions are suitable. The company’s mission centers on making precision agriculture accessible to a broader audience, thereby fostering more sustainable agricultural practices.
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Industry Overview in France
The ag-tech industry in France has been witnessing significant growth, driven by increasing agricultural input costs and the urgent need for sustainable farming practices. Precision agriculture, particularly, has emerged as a crucia
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JVP
invested in
Sencrop
in
in a Series B deal
Disclosed details
Transaction Size: $18M