Vultus

Vultus AB is a Swedish startup that focuses on providing smart solutions for precision farming. Through their satellite system technology, the company enables farmers worldwide to cultivate healthier plants at a reduced cost while minimizing environmental impact. The innovative technology analyses specific nutrient requirements within fields, offering detailed nitrogen recommendations to reduce over-fertilization and subsequent waste in farming. This approach has the potential to cut fertilizer usage by up to 1/3, leading to enhanced profitability for farmers. Founded in 2016, Vultus's plant health analysis is accessible to farmers of all scales, from small-plot farmers in developing countries to large industrial operations. The company recently secured a €1.00M Seed Round investment on 23 August 2019, with Norrsken VC as the investor.