Use of technology has notably accelerated in the agriculture sector over the years, with Europe being at the forefront. From using robots to grow food to employing advanced aeroponic technology for increasing plant yield, AgTech or agriculture technology is now more widespread than ever. With such notable advancements, it doesn’t come as a surprise that the Amsterdam-based agtech startup Connecterra has set a new benchmark by securing the biggest Series B investment round for a European livestock tech company.
Connecterra secures €7.8M for its AI-based herd monitoring system
With €7.8 million, Connecterra secured the biggest Series B investment round for a European livestock tech company. Investors participating in the latest round include AgTech specialists ADM Capital, who also invested in the AgTech unicorn AeroFarms. Additionally, the leading international food safety enterprise Kersia, headquartered in France, and Dutch impact investor, Pymwymic, also took part in the new round. Existing investors Breed Reply and Sistema_VC are joined the round as well. Connecterra was represented by Humphreys Law through the process.