SORIA FUTURO, SODICAL, and CAJA RURAL DE SORIA jointly invested €270,000 in AGERPIX TECHNOLOGIES to support its expansion in the agtech sector.

Target Company Overview

AGERPIX TECHNOLOGIES, S.L., headquartered in Golmayo (Soria), is a subsidiary of CODESIAN SOFTWARE TECH, S.L., operating within the agtech sector. The primary objective of AGERPIX is to provide crucial information to fruit producers, aiding in improved decision-making regarding harvest predictions. This is achieved through the implementation of precision agriculture systems that utilize artificial vision and advanced algorithms.

Currently, AGERPIX is in the commercialization phase of its services, boasting a client portfolio across four countries: Spain, Portugal, France, and Peru. The company's development plan includes international expansion, particularly targeting the United States and South America. AGERPIX offers its services for various types of fruit, including apples, nectarines, peaches, pears, table grapes, and avocados, with plans to add more varieties.

Industry Overview in Spain

The agtech industry in Spain has been experiencing robust growth, spurred by advancements in technology and an increasing demand for sustainable agricultural practices. Precision agriculture is becoming increasingly popular as producers s

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SORIA FUTURO, SODICAL, CAJA RURAL DE SORIA

invested in

AGERPIX TECHNOLOGIES, S.L.

in 2019

in a Seed Stage deal

Disclosed details

Transaction Size: $300M

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