Powerfultree is a Spanish agricultural startup that aims to combat climate change by harnessing energy and promoting environmental sustainability. The company's focus revolves around implementing agrivoltaic parks to generate renewable energy, which is then reinjected into the cultivation process, ultimately leading to precision agriculture 4.0 and the concept of "Plant Well-being". Established in 2021, the company strategically combines talent, research, and a commitment to offering sustainable solutions to the effects of climate change. Powerfultree is dedicated to promoting agrivoltaic parks to enhance plant and crop growth while simultaneously producing clean energy. The company assists clients in their corporate social responsibility, sustainability, and CO2 offsetting efforts through the projection, design, and implementation of agrivoltaic parks, as well as the sale of agricultural produce, electricity, and carbon credits. Their core activity revolves around generating renewable energy, reinjecting it into crops, and marketing the surplus, as well as the CO2 credits generated, leading to improved land use efficiency and agricultural productivity. The Repsol Foundation provided a grant investment to Powerfultree on 26 June 2023, reflecting an early endorsement from a reputable investor in the energy industry.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Grant | Unknown | 1 | Repsol Foundation | 26 Jun 2023 |
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