📰 Today we are happy to announce the closing of our €36 million [$40M] round, the biggest European smart farming Series C funding round.
🤝 The round is led by
@PartechPartners with its Impact fund, with participation from
@mourocapital, a FinTech vertical firm.
🖋️
@Swisscom2007,
@UnitdVentures, and all previous institutional investors also participated in the round, demonstrating their confidence in xFarm Technologies based on its significant achievements over the past two years.
🚀 Seven years after the foundation of xFarm and two years after the Series B funding round, it is great to get such significant support from old and new investors.
📈 We intend to use the capital raised to consolidate our leadership in Europe and accelerate our expansion throughout the rest of the continent, as well as in LATAM, India, Turkey, and the US.
👨🌾 We are stronger now, and together with our investors, partners, and clients, we intend to improve our performance, develop our AI, Regenerative Agriculture, and FinTech services further, and tailor them to the needs of specific markets and customers.
📜 During the whole operation, we had the legal support of Bär & Karrer.
👉 Check out the news on Sifted
sifted.eu/articles/xfarm-sta…
#xFarmTechnologies #xFarm #RoundC