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

December 10, 2024
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HEMAV, a Spanish startup centered on AI-driven agricultural options, has efficiently secured €8 million in funding to additional its mission of constructing 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 boost its SaaS platform, LAYERS, develop its international attain, and drive progressive agricultural practices that deal with essential challenges comparable to local weather change and meals safety.

“We’re revolutionising agriculture and estimating manufacturing at a nationwide scale — this is a gigantic step,” mentioned 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 international meals provides and promote sustainable practices, guaranteeing a wholesome and affluent setting for future generations.”

Based on HEMAV, the agricultural sector faces vital challenges, together with rising meals demand, local weather change, and a staggering 30% of worldwide meals waste.

Since its inception, HEMAV has leveraged cutting-edge know-how to empower agriculturalists with instruments to foretell harvests, optimise useful resource use, and improve meals manufacturing with fewer inputs. In 2024, the corporate achieved vital 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 supply 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 via 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 just lately launched CROP MASTERS initiative additional strengthens HEMAV’s affect by providing tailor-made consultancy and coaching guided by native consultants to handle region-specific challenges in agriculture.

In 2025, HEMAV goals to scale the predictive capabilities of LAYERS and prolong its international affect, equipping agricultural communities with instruments to thrive in a quickly altering world. As a part of its development technique, the corporate just 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 progressive platform shouldn’t be solely enhancing agricultural productiveness but additionally tackling one of many planet’s most urgent challenges — water shortage. Their know-how 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 via AI and innovation,” mentioned 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 additionally tackle the pressing challenges of local weather change and meals safety.”



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Tags: advanceagricultureAIDrivenBarcelonabasedHEMAVmillionRaisesSustainable
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