Amsterdam-based Source.ag, an agtech startup that claims to accelerate access to fresh fruit and vegetables with AI-powered greenhouses, announced on Wednesday, June 7, that it has secured an additional $4M (approximately €3.73M) in its Series A extension round of funding.
Source.ag received $2M from SK networks through its US investment corporation Hico Capital, and a further $2M from existing investor MIT-affiliated E14 fund.
This investment brings the company’s total raised Series A capital to $27M.
Co-founder Rien Kamman says, “We are excited to complete our Series A financing with a final $4M investment from SK networks made through its US investment corporation Hico Capital and the MIT-affiliated E14 fund, and will continue to use these funds to bring ground-breaking products to market for growers globally.”