Copenhagen-based agtech company Perplant has raised €1 million in a funding round backed by a group of private angel investors alongside institutional participation from the Export and Investment Fund of Denmark, project grants from the European Space Agency, and support from the Innovation Fund Denmark. Founded in 2022, the company develops AI-based systems mounted on tractors that use high-resolution field imaging to guide targeted spraying of herbicides and fertilizers at the plant level. The new funding will be used to support product deployment across existing European markets, further develop its field-level dataset, and expand commercial operations as it continues testing and scaling its precision agriculture system.
Perplant develops AI-based systems for agricultural field monitoring and precision application. The company builds tractor-mounted hardware and software that uses high-resolution imaging and edge-based processing to detect crop and field conditions at plant level. Its system is used to generate real-time data intended to support more targeted application of inputs such as herbicides and fertilizers and to document field conditions for operational and regulatory use.
”When our AI drives across the field, it documents the field’s variation, every single plant, and groundwater-sensitive areas. It removes the bureaucracy for the farmer and ensures that we can shut off the sprayer precisely over groundwater-sensitive areas with centimeter precision,” says Rasmus Emil Hansen, CEO and co-founder of Perplant.
Perplant’s technology enables savings of up to 90% of herbicides and 30% of fertilizer. For an average 200-hectare farm, this translates to an annual profit increase of approximately €36,000. The efficiency gains ensure the investment is fully recovered within the first season of use.
The investor group sees an enormous potential in rolling out the technology to the 98.5% of the world’s farmers operating conventional farms today and feel the regulatory pressure, but also other target groups such as organic and regenerative farmers.
”Today, more than nine out of ten fields globally are managed blindly without precision data, but Perplant creates transparency down to the individual plant level. This is an investment in the data infrastructure and AI required to bridge the gap between improving the farmer’s bottom line and meeting the consumer’s demand for documented sustainability,” says investor Kræn Østergaard Nielsen, AI investor and former CEO of Denmark’s largest retail group, Coop Denmark.
While traditional satellite imagery typically offers a resolution of 10–30 meters, Perplant’s sensors deliver a 2–10 centimeter resolution. The system captures actual photos of each plant, providing verification-ready data for authorities, banks, and insurance companies.
Perplant has already mapped over 200,000 hectares across Europe. This coverage represents nine times more data than all agricultural drones in Denmark combined for the same period, creating the largest precision dataset in the Nordics.
”No satellite or drone can deliver this level of detail at a scale that truly moves anything for the global food chain. By making every tractor an intelligent data center, we create the factual foundation that both farmers and authorities desperately lack to document the green effort,” concludes Rasmus Emil Hansen.
The funding round is backed by a group of private angel investors and industry leaders with extensive experience in the agricultural and retail sectors. This capital injection is further supported by institutional financing from the Export and Investment Fund of Denmark, as well as project grants from the European Space Agency and Innovation Fund Denmark.
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Read the orginal article: https://arcticstartup.com/perplant-raises-e1m/
