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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.
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Email ID
*****@faromatics.com
Key Metrics
Founded Year
2016
Location
Vilanova i la Geltru, Spain
Stage
Acquired
Latest Funding Round
Investors
Ranked
Similar Companies
Exit Details
Acquired by AGCO (Sep 13, 2021)

Faromatics's acquisition details

Faromatics got acquired by AGCO on Sep 13, 2021.
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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.

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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Lely
Lely
1948, Maassluis (Netherlands), Funding Raised
Robots for forage harvesting, miking systems, barn cleaners and feeding systems
-
59/100
2nd
Logo for Prompt AMCS
Prompt AMCS
2011, Ahmedabad (India), Series A
Provider of automatic milk collection system for the dairy industry
$4.46M
49/100
3rd
Logo for BouMatic
BouMatic
1939, Madison (United States), Unfunded
Automated & semi-automated milking systems and other infrastructure product for dairy farmers
-
-
48/100
4th
Logo for Aeropowder
Aeropowder
2016, London (United Kingdom), Seed
Technology to convert feather waste to bio-composites
$191K
41/100
5th
Logo for Miris
Miris
2001, Uppsala (Sweden), Unfunded
Developer of milk analyzer devices for dairy businesses
-
-
40/100
6th
Logo for Roxell
Roxell
1967, Maldegem (Belgium), Unfunded
Provider of diversified automated solutions for poultry farmers
-
-
39/100
7th
Logo for Birds Eye Robotics
Birds Eye Robotics
2020, Lincoln (United States), Seed
Provider of AI-based robotic solutions for poultry farming
$2.46M
37/100
8th
Logo for Sveaverken
Sveaverken
1911, Stockholm (Sweden), Unfunded
Provider of automated solutions for livestock farms
-
-
37/100
9th
Logo for Forever Feed Technologies
Forever Feed Technologies
2023, American Fork (United States), Seed
Developer of automated on-farm feed mills
-
37/100
10th
Logo for TIBOT Technologies
TIBOT Technologies
2016, Cesson Sevigne (France), Acquired
Provider of robots services for poultry
$3.92M
37/100
20th
Logo for Faromatics
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.

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