HEMAV, a Spanish startup focused on AI-driven agricultural solutions, has successfully secured €8 million in funding to further its mission of making agriculture more sustainable.
The funding round was led by sustainability-focused investors Future Food Fund, PureTerra Ventures, and Inclimo. This investment will enable HEMAV to enhance its SaaS platform, LAYERS, expand its global reach, and drive innovative agricultural practices that tackle critical challenges such as climate change and food security.
“We’re revolutionising agriculture and estimating production at a national scale — this is an enormous step,” said Xavier Silva, CEO of HEMAV. “As we look to 2025 and beyond, we remain steadfast in our mission to deliver groundbreaking AI – powered tools that foster security in global food supplies and promote sustainable practices, ensuring a healthy and prosperous environment for future generations.”
According to HEMAV, the agricultural sector faces significant challenges, including rising food demand, climate change, and a staggering 30% of global food waste.
Since its inception, HEMAV has leveraged cutting-edge technology to empower agriculturalists with tools to predict harvests, optimise resource use, and increase food production with fewer inputs. In 2024, the company achieved significant milestones, including expanding its operations to 24 countries and digitising 9.2 million hectares of farmland.
LAYERS, HEMAV’s AI-powered platform, processes billions of data points to provide precision insights that help reduce input costs by up to 30%, enhance logistics, and deliver highly accurate yield predictions.
LAYERS also supports sustainability through advanced irrigation models that optimise water efficiency and traceability management tools secured by blockchain. These features help agriculturalists comply with sustainability standards and provide zero-deforestation certificates.
The recently launched CROP MASTERS initiative further strengthens HEMAV’s impact by offering tailored consultancy and training guided by local experts to address region-specific challenges in agriculture.
In 2025, HEMAV aims to scale the predictive capabilities of LAYERS and extend its global impact, equipping agricultural communities with tools to thrive in a rapidly changing world. As part of its growth strategy, the company recently restructured its shareholder base, bidding farewell to 61 small shareholders who played a key role in its journey over the past decade.
Nic Pannekeet, from PureTerra, commented: “We are thrilled to support HEMAV in its journey to redefine modern farming. HEMAV’s innovative platform is not only improving agricultural productivity but also tackling one of the planet’s most pressing challenges — water scarcity. Their technology is a game-changer for sustainable farming, and we’re excited to help them scale”
“This investment represents a pivotal moment in our journey to transform agriculture
through AI and innovation,” said Fernando Casado, General Partner at Inclimo. “At
Inclimo, we are proud to support HEMAV’s mission to empower farmers worldwide with
smarter, sustainable solutions that not only optimize yields but also address the urgent
challenges of climate change and food security.”
Read the orginal article: https://www.eu-startups.com/2024/12/barcelona-based-hemav-raises-e8-million-to-advance-ai-driven-sustainable-agriculture/
