Irish agritech startup Hexafly has just closed a €1.1 million funding round and is now seeking €10m to help build a larger production facility to fuel expansion by the end of this year.
The agritech company has raised €2.2 million to date, which includes €900,000 in angel funding. This angel funding is the largest investment in the agritech sector till date that has come out of HBAN. HBAN or Halo Business Angel Network is an umbrella group looking to increase the number of angel investors in Ireland. Other investors include Enterprise Ireland and SOS Ventures.