Augmenta

Augmenta provides AI-based hardware and web platform for farmers to increase land efficiency and income.

General Information
Company Name
Augmenta
Founded Year
2016
Location (Offices)
Greece +1
Founders / Decision Makers
Number of Employees
54
Industries
AI, Agriculture, Analytics +5
Funding Stage
Series A
Social Media

Augmenta - Company Profile

Augmenta is an innovative startup based in Greece that provides AI-based hardware and a web platform designed to enhance land efficiency and income for farmers. Founded in 2016 by George Varvarelis and Dimitris Evangelopoulos, who are experts in embedded systems engineering and have a background in farming, Augmenta has developed a solution that leverages Artificial Intelligence technology to increase overall efficiency for agricultural land.

The company's offerings include a hardware device and a web platform, which have the potential to significantly improve the productivity and profitability of farming operations. Augmenta's latest milestone was a $8.00M Series A investment received on March 23, 2021, supported by HCVC, Pymwymic, Marathon Venture Capital, and CNH Industrial. This investment underscores the confidence that industry leaders and venture capitalists have in the potential of Augmenta's solution to revolutionize the agricultural sector.

With a focus on AI, Agriculture, Analytics, Computer Vision, Hardware, AgriTech, Embedded Systems, and Machine Learning, Augmenta is well-positioned to make a meaningful impact on the global farming community, offering a promising avenue for investors looking to participate in the advancement of agricultural technology.

Taxonomy: AI-based hardware, web platform, agricultural technology, Artificial Intelligence technology, embedded systems engineering, precision agriculture, real-time data analytics, farming efficiency, farm management, agricultural automation, deep learning device, agricultural data analysis, agritech innovation

Funding Rounds & Investors of Augmenta (4)

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Funding Stage Amount No. Investors Investors Date
Series A $8.00M 4 23 Mar 2021
Seed Round €2.30M 2 08 Oct 2019
Grant $50.00K 1 16 Aug 2018
Seed Round $600.00K 1 17 Jul 2018

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