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    Home»Startups»Barcelona-based HEMAV raises €8 million to advance AI-driven sustainable agriculture
    Startups

    Barcelona-based HEMAV raises €8 million to advance AI-driven sustainable agriculture

    Editor Times FeaturedBy Editor Times FeaturedDecember 9, 2024No Comments3 Mins Read
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    HEMAV, a Spanish startup targeted on AI-driven agricultural options, has efficiently secured €8 million in funding to additional its mission of creating agriculture extra sustainable.

    The funding spherical was led by sustainability-focused traders Future Meals Fund, PureTerra Ventures, and Inclimo. This funding will allow HEMAV to reinforce its SaaS platform, LAYERS, broaden its world attain, and drive revolutionary agricultural practices that deal with vital challenges reminiscent of local weather change and meals safety.

    “We’re revolutionising agriculture and estimating manufacturing at a nationwide scale — this is a gigantic step,” stated Xavier Silva, CEO of HEMAV. “As we glance to 2025 and past, we stay steadfast in our mission to ship groundbreaking AI – powered instruments that foster safety in world meals provides and promote sustainable practices, guaranteeing a wholesome and affluent atmosphere for future generations.”

    In accordance with HEMAV, the agricultural sector faces important challenges, together with rising meals demand, local weather change, and a staggering 30% of world meals waste.

    Since its inception, HEMAV has leveraged cutting-edge expertise to empower agriculturalists with instruments to foretell harvests, optimise useful resource use, and improve meals manufacturing with fewer inputs. In 2024, the corporate achieved important milestones, together with increasing its operations to 24 nations and digitising 9.2 million hectares of farmland.

    LAYERS, HEMAV’s AI-powered platform, processes billions of information factors to offer precision insights that assist scale back enter prices by as much as 30%, improve logistics, and ship extremely correct yield predictions.

    LAYERS additionally helps sustainability by way of superior irrigation fashions that optimise water effectivity and traceability administration instruments secured by blockchain. These options assist agriculturalists adjust to sustainability requirements and supply zero-deforestation certificates.

    The lately launched CROP MASTERS initiative additional strengthens HEMAV’s affect by providing tailor-made consultancy and coaching guided by native consultants to deal with region-specific challenges in agriculture.

    In 2025, HEMAV goals to scale the predictive capabilities of LAYERS and prolong its world affect, equipping agricultural communities with instruments to thrive in a quickly altering world. As a part of its progress technique, the corporate lately restructured its shareholder base, bidding farewell to 61 small shareholders who performed a key function in its journey over the previous decade.

    Nic Pannekeet, from PureTerra, commented: “We’re thrilled to assist HEMAV in its journey to redefine trendy farming. HEMAV’s revolutionary platform is just not solely enhancing agricultural productiveness but in addition tackling one of many planet’s most urgent challenges — water shortage. Their expertise is a game-changer for sustainable farming, and we’re excited to assist them scale”

    “This funding represents a pivotal second in our journey to rework agriculture
    by way of AI and innovation,” stated Fernando Casado, Basic Associate at Inclimo. “At
    Inclimo, we’re proud to assist HEMAV’s mission to empower farmers worldwide with
    smarter, sustainable options that not solely optimize yields but in addition tackle the pressing
    challenges of local weather change and meals safety.”





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