Italian agritech startup Evja has raised €4.2M in a pre-series A round, led by CDP Venture Capital, SEFEA Impact, with previous investor Startupbootcamp Foodtech investing again. These funds will be primarily used to grow the team, set up international scale up, and further develop the company’s services.
Evja is an Italian agritech startup leader in precision agriculture for the horticulture market and a StartLife alumnus. This funding round Evja follows already secured investment from Baywa, RWA, Startupbootcamp Foodtech, and StartLife.
Thanks to its predictive agronomic models and AI, Evja offers farmers worldwide a patented precision agriculture system for the optimization of irrigation, fertilization, and protection of horticultural crops.
The technical and scientific quality of its service has allowed Evja to secure customers in nine countries (on four continents), granting it a leadership position in the horticulture segment, both in open field and greenhouses. Evja holds three international patents that secure its position in the market.
“After bootstrapping our way until now, we are finally ready to scale-up”, said Evja CEO Davide Parisi. “This round will allow us to boost our sales and further optimize the product, while always preserving our core strength: premium technology and scientific precision”.
“This round will allow us to boost our sales and further optimize the product”Davide Parisi, CEO of Evja
“Since agritech is a strategic market for Italy, we are proud of welcoming in our portfolio a company with such a strong international presence in the sector” said Francesca Ottier, CDP Venture Capital Sgr Senior Partner and manager of CDP Italia Venture II fund. “Evja has to date received limited funding and yet it has achieved relevant sales worldwide. This gives us strong confidence in our investment to accelerate growth”.
“Thanks to the high scientific content of its services, Evja provides strategic information to achieve more sustainable agriculture”, said SEFEA Impact President and CEO Massimo Giusti. “This investment is perfectly aligned with our mission and proves that investing in sustainability services can also generate strong economic returns”.
“This investment is perfectly aligned with our mission and proves that investing in sustainability services can also generateMassimo Giusti, President and CEO of SEFEA Impact
strong economic returns”.
Evja was a part of our third Accelerate cohort, way back in the fall of 2019. Are you an agrifoodtech startup who wants to follow in their footsteps? We help early-stage innovative agrifoodtech startups to become investor and market ready. Check out our Accelerate program here.