BemAgro Raises $2.6 Milllion in Pre-Series A

by Kay Aloha Villamor in August 23rd, 2024

BemAgro, a Brazil-based SaaS startup that provides AI-driven solutions to enhance productivity and sustainability in agriculture, has raised $2.6 million in a pre-Series A funding round. 

Investors 

The investment came from CNH Industrial, Suzano Ventures, and ATVOS. 

CNH Industrial is a global manufacturer of heavy machinery, producing a wide range of agricultural and construction equipment. The company provides strategic direction, R&D capabilities, and investments to drive the success of its core brands. 

Suzano Ventures is the corporate venture capital arm of Suzano, a leading global pulp and paper producer. It focuses on fostering the transition to a bioeconomy by investing in deeptech solutions rooted in sustainable practices, particularly those based on planted forests. Suzano Ventures supports startups and companies by providing capital, expertise, technology, and access to global markets and research centers. 

ATVOS is a Brazilian company committed to transforming lives through the sustainable cultivation of sugarcane. Their operations generate bioenergy while promoting prosperity and development in the communities they serve. 

BemAgro Use of Funds 

The company will use the new funds to accelerate the development of its AI-driven platform, which optimizes crop and forest management through advanced data processing from tractors, drones, and other sources. 

About BemAgro 

BemAgro offers a Software-as-a-Service (SaaS) platform designed to optimize agricultural and forestry management using advanced technologies like artificial intelligence (AI) and computer vision. The platform helps farmers and forestry managers monitor crops and large areas of land throughout their growth cycles, processing data from sources such as tractors and drones. BemAgro’s technology is particularly useful for managing large-scale operations in commodity farming (e.g., corn, soybeans, cotton, sugarcane) and forestry (e.g., eucalyptus and peanut trees). 

Funding Details 

Company: BEMAGRO S.A. 

Raised: $2.6M 

Round: Pre-Series A 

Funding Date: August 2024 

Investors: CNH Industrial, Suzano Ventures, ATVOS 

Company Website: https://www.bemagro.com/ 

Software Category: Agriculture and Forest Management 

Source: https://agfundernews.com/fresh-off-a-new-funding-round-precision-ag-startup-bemagro-plans-to-optimize-forest-management-with-ai 

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