30MHz has announced funding of 3.5 million EUR from two agricultural related funds: SHIFT Invest and the Rabo F&A Innovation Fund.
The funding will be used to accelerate product development and to further improve worldwide distribution of its agri-data platform ZENSIE, which makes it easy for growers to deploy wireless sensors and start capture the metrics most crucial to their operations in minutes, without technical expertise.
Jurg van Vliet, 30MHz CEO, says “ Although we have only been active in the horticultural and agricultural sector for two and a half years, we fully understand its potential and it is ripe for DIY digitization – ZENSIE’s ease of use means that it will become the go to product in the market. By working with our customers and partners we are looking forward to further developing the platform and thanks to this recent investment we are now able to further expand internationally.”
The investment in 30MHz will continue to drive its growth as a dominant brand in the sector, helping it to move closer to its vision of creating a space where all products and services are digitally accessible for growers, advisers, suppliers, distributors and researchers.
Antony Yousefian, UK Director at 30MHz, comments: “With the Series A complete, we can really accelerate development and expansion internationally too.
“Our early success in the UK and probably globally wouldn’t have been possible without being part of Agri-Tech East. Their guidance, networking and opportunities have been invaluable.”
Read the full investment announcement on the 30MHz website here.
30Mhz took part in the Technical Exhibition at REAP – for more details about how to participate in the exhibition click here.