Faromatics - About the company
Faromatics is an acquired company based in Vilanova i la Geltru (Spain), founded in 2016. It operates as a Platform for managing poultry farms with automated monitoring. Faromatics has raised an undisclosed amount in funding. The company has 172 active competitors, including 9 funded and 13 that have exited. Its top competitors include companies like Lely, Prompt AMCS and BouMatic.
Company Details
Platform for managing poultry farms with automated monitoring. It specializes in broiler monitoring using robotic systems to track growth, health, and environmental conditions. The solution helps farmers optimize productivity and ensure animal welfare.
- Website
- faromatics.com
- Email ID
- *****@faromatics.com
Key Metrics
Founded Year
2016
Location
Vilanova i la Geltru, Spain
Stage
Acquired
Latest Funding Round
Investors
Ranked
20th among 172 active competitors
Exit Details
Acquired by AGCO (Sep 13, 2021)
Faromatics's acquisition details
Faromatics got acquired by AGCO on Sep 13, 2021.
Click here to take a look at Faromatics's acquisition in detail
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Faromatics's funding and investors
Faromatics has raised funding over 1 round. Its latest funding round was a Grant (prize money) round. 1 investor participated in its latest round. Faromatics has 2 institutional investors.
View details of Faromatics's funding rounds and investors
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Faromatics's Competitors and alternates
Top competitors of Faromatics include Lely, Prompt AMCS and BouMatic. Here is the list of Top 10 competitors of Faromatics, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Lely 1948, Maassluis (Netherlands), Funding Raised | Robots for forage harvesting, miking systems, barn cleaners and feeding systems | - | 59/100 | |
2nd | Prompt AMCS 2011, Ahmedabad (India), Series A | Provider of automatic milk collection system for the dairy industry | $4.46M | 49/100 | |
3rd | BouMatic 1939, Madison (United States), Unfunded | Automated & semi-automated milking systems and other infrastructure product for dairy farmers | - | - | 48/100 |
4th | Aeropowder 2016, London (United Kingdom), Seed | Technology to convert feather waste to bio-composites | $191K | 41/100 | |
5th | Developer of milk analyzer devices for dairy businesses | - | - | 40/100 | |
6th | Provider of diversified automated solutions for poultry farmers | - | - | 39/100 | |
7th | Birds Eye Robotics 2020, Lincoln (United States), Seed | Provider of AI-based robotic solutions for poultry farming | $2.46M | 37/100 | |
8th | Sveaverken 1911, Stockholm (Sweden), Unfunded | Provider of automated solutions for livestock farms | - | - | 37/100 |
9th | Forever Feed Technologies 2023, American Fork (United States), Seed | Developer of automated on-farm feed mills | - | 37/100 | |
10th | TIBOT Technologies 2016, Cesson Sevigne (France), Acquired | Provider of robots services for poultry | $3.92M | 37/100 | |
20th | Faromatics 2016, Vilanova i la Geltru (Spain), Acquired | Platform for managing poultry farms with automated monitoring | - | 30/100 |
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Faromatics's Investments and acquisitions
Faromatics has made no investments or acquisitions yet.
Reports related to Faromatics
Here is the latest report on Faromatics's sector:
News related to Faromatics
•
AGCO Acquires Faromatics, a Precision Livestock Farming CompanyBusiness Wire•Sep 13, 2021•AGCO, Faromatics
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