Dutch startup Spatialise has secured €350,000 in funding from UNIIQ, an investment fund dedicated to supporting proof-of-concept innovations. The funding will enable Spatialise to further develop its AI-driven soil health monitoring platform, which uses satellite data and artificial intelligence to assess the nutrient content of farmland topsoils.
Founded by Soufiane el Khinifri, Spatialise addresses the agricultural sector’s increasing need for efficient and accurate soil analysis. The platform provides insights into key soil components.
“Our digital soil analysis technology makes it possible to accurately measure the organic carbon (SOC) and other essential nutrients such as nitrogen, phosphorus, and potassium (NPK) in the soil. This allows farmers to optimise their use of fertilisers, resulting in fewer emissions and cost savings,” says Soufiane.
These insights help farmers optimise fertiliser use, reducing emissions and lowering costs, while also supporting land restoration and monitoring the carbon footprint of food value chains.
Commenting on the funding, Soufiane stated: “Making regenerative agriculture accessible worldwide through AI-driven technology, is our mission. This investment will enable us to further develop and expand our soil monitoring solutions so that more farmers can improve the health of their soil while saving costs.”
UNIIQ, a €50 million investment fund managed by InnovationQuarter, Leiden University, Erasmus MC, and TU Delft, focuses on accelerating innovations during the proof-of-concept phase.
Jasper Geselschap, Fund Manager of UNIIQ at InnovationQuarter, highlighted the potential impact of Spatialise’s platform: “Spatialise is taking a big step in making the agricultural sector more sustainable through the use of advanced AI technology. We are delighted to invest in a company that offers both cost-saving solutions for farmers, and makes a significant contribution to reducing the environmental footprint of agriculture.”
With this funding, Spatialise aims to enhance its platform’s capabilities, making regenerative agriculture accessible to farmers globally.
Read the orginal article: https://www.eu-startups.com/2024/11/noordwijk-based-spatialise-raises-e350k-from-uniiq-to-advance-ai-driven-soil-health-monitoring-platform/
