Augmenta - About the company
Augmenta is an acquired company based in Marousi (Greece), founded in 2016 by Dimitri Evangelopoulos. It operates as a Precision ag tech innovator providing solutions for farmers to serve the world. Augmenta has raised $11.1M in funding from CNH Industrial and HCVC. The company has 22 active competitors, including 4 funded and 6 that have exited. Its top competitors include companies like Blue River Technology, Precision AI and GUSS.
Company Details
Precision ag tech innovator providing solutions for farmers to serve the world. The company delivers precision agriculture technology, optimizing inputs and connecting operations from field to office. They offer solutions for autonomous farming, connectivity and logistics, guidance and steering, application and boom controls, and displays. Their products cater to planting, seeding, crop protection, harvesting, soil management, and hay & forage. The company's key offering, the Augmenta Field Analyzer, uses computer vision and machine learning for real-time variable rate application, promoting sustainability and profitability. They provide services like in-season nitrogen optimization, plant growth regulation, harvest aid application, fungicide application, and burndown herbicide application. The company focuses on innovation, sustainability, and productivity, providing tools for precision application, connectivity, and optimized inputs. They offer solutions for variable rate application, crop health data, and field analysis, supporting better decisions and outcomes for farmers.
- Website
- augmenta.ag
Key Metrics
Founded Year
2016
Location
Marousi, Greece
Stage
Acquired
Total Funding
$11.1M in 4 rounds
Latest Funding Round
Investors
Ranked
2nd among 22 active competitors
Employee Count
58 as on Jul 01, 2024
Similar Companies
Exit Details
Acquired by CNH Industrial (Feb 13, 2023)
Augmenta's acquisition details
Augmenta got acquired by CNH Industrial on Feb 13, 2023 at an acquisition amount of $*****.
Click here to take a look at Augmenta's acquisition in detail
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Augmenta's funding and investors
Augmenta has raised a total funding of $11.1M over 4 rounds. Its first funding round was on Jul 17, 2018. Its latest funding round was a Series A round on Mar 23, 2021 for $*****. 4 investors participated in its latest round. Augmenta has 6 institutional investors.
Here is the list of recent funding rounds of Augmenta:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 23, 2021 | 5206432 | Series A | 9075835 | 8576620 | 4704734 | 1854283 |
Oct 24, 2019 | 5211615 | Seed | 8680714 | 3897036 | 7791269 | |
Aug 16, 2018 | 6304426 | Grant (prize money) | 3687909 | 2798250 | 8747712 |
View details of Augmenta's funding rounds and investors
Augmenta's founders and board of directors
Founder? Claim ProfileThe founders of Augmenta is Dimitri Evangelopoulos.
Here are the details of Augmenta's key team members:
- Dimitri Evangelopoulos: Co-Founder & COO of Augmenta.
View details of Augmenta's Founder profiles and Board Members
Augmenta's employee count trend
Augmenta has 58 employees as of Jul 24. Here is Augmenta's employee count trend over the years:
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Augmenta's Competitors and alternates
Top competitors of Augmenta include Blue River Technology, Precision AI and GUSS. Here is the list of Top 10 competitors of Augmenta, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Blue River Technology 2011, San Francisco (United States), Acquired | Revolutionizing agriculture with intelligent machinery, optimizing chemical usage, and promoting sustainability | $30.5M | 69/100 | |
2nd | Precision ag tech innovator providing solutions for farmers to serve the world | $11.1M | 45/100 | ||
3rd | Precision AI 2018, Regina (Canada), Seed | AI-based sprayer for weed | - | 41/100 | |
4th | GUSS 1982, Kingsburg (United States), Acquired | Autonomous sprayers increasing efficiency, precision, and safety for modern agriculture | - | - | 40/100 |
5th | Developer of autonomous weed detection systems | - | - | 37/100 | |
6th | GenZ Technology 2011, Boise (United States), Seed | Manufactures and supplies pesticide spraying equipment | $2.62M | 34/100 | |
7th | AlterraTech 2019, Melbourne (Australia), Funding Raised | Online platform offering optical sprayer | - | 33/100 | |
8th | Rowbot 2012, Minneapolis (United States), Seed | Robotic nitrogen dispensation for corn farms | $115K | 33/100 | |
9th | Slimline Manufacturing 1950, Penticton (Canada), Acquired | Innovative agricultural sprayers and industrial evaporators, engineering excellence since 1948 | - | - | 31/100 |
10th | AgreenCulture 2016, Toulouse (France), Funding Raised | Developing a robot for assistance in agricultural activites | - | 30/100 |
Looking for more details on Augmenta's competitors? Click here to see the top ones
Augmenta's Investments and acquisitions
Augmenta has made no investments or acquisitions yet.
Reports related to Augmenta
Here is the latest report on Augmenta's sector:
News related to Augmenta
•
Augmenta: Driven by the acquisition by CNH Industrial, it expands its technologyYPAITHROS CHORA S.A.•Sep 11, 2024•Augmenta, CNH Industrial
•
Marathon Venture Capital: The deal of the year for Augmenta and funding of $142 millionNew Money•Dec 29, 2023•Augmenta, Marathon Venture Capital
•
Tracxn Deals of the Week: AI, Cybersecurity, and Big Data (June 16-22, 2023)Cognitive Business•Jun 24, 2023•KoBold Metals, Ruqi Mobility, Fero Labs, Augmenta
•
CNH Industrial acquires machine vision company AugmentaCalgary Herald•Mar 13, 2023•CNH Industrial, Augmenta, Raven Industries
•
Augmenta AgTech and Torgerson's LLC Announce Their PartnershipGlobeNewswire•Oct 13, 2022•Torgerson, Augmenta
•
Augmenta Brings Its Newest Smart and Affordable Precision Ag Solution to Farm Progress ShowGlobeNewswire•Aug 30, 2022•Augmenta
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Hazelview Ventures Leads Seed Fundraising For Buildtech Company AugmentaCNW•Jun 21, 2022•Hazelview, Augmenta AI, Hazelview Ventures, Ferguson Ventures and 3 others
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Titan Machinery Inc. Announces Partnership With Augmenta AgTechGlobeNewswire•Apr 14, 2022•Titan Machinery, Augmenta
•
Tractor retrofitter Augmenta raises $8m in Series A round led by CNH IndustrialAgFunderNews•Mar 23, 2021•Augmenta, CNH Industrial, Pymwymic, Hardware Club and 1 other
•
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