HEMAV, a Barcelona-based startup specializing in AI-driven agricultural solutions, has successfully raised €8 million in a recent funding round. The capital, led by sustainability-focused investors such as Future Food Fund, PureTerra Ventures, and Inclimo, will be used to enhance the company’s SaaS platform, LAYERS, and support its global expansion. The funding will help HEMAV continue its mission to foster sustainable agriculture practices that address the pressing challenges of climate change and food security.
The agricultural industry is grappling with a number of critical issues, including rising food demand, the impacts of climate change, and a staggering 30% of global food waste. HEMAV aims to use its advanced technology to empower agriculturalists to overcome these challenges. The company has developed cutting-edge tools that allow farmers to predict harvests, optimize resource use, and boost food production with fewer inputs. Since its inception, HEMAV has been at the forefront of leveraging AI to deliver precise insights that drive efficiency and sustainability in farming practices.
A key component of HEMAV’s offering is its AI-powered platform, LAYERS, which processes billions of data points to provide precision insights that support smarter decision-making. The platform is designed to optimize input costs, reduce waste, and enhance logistics, while also providing highly accurate yield predictions. It is a powerful tool for farmers looking to maximize productivity while reducing their environmental footprint. LAYERS also includes advanced irrigation models, which help optimize water usage, and a traceability management system powered by blockchain. These features allow farmers to comply with sustainability standards and ensure the traceability of their products, promoting transparency and accountability in the food supply chain.
With this new round of funding, HEMAV plans to further develop LAYERS’ capabilities and extend its reach to more regions. The company has already expanded its operations to 24 countries, and in 2024, it successfully digitized 9.2 million hectares of farmland. The platform has made a significant impact on agricultural practices in these regions, providing farmers with valuable data that helps improve their yield predictions and resource efficiency. The expansion of LAYERS is a key part of HEMAV’s strategy to address global challenges related to food production and climate change.
HEMAV’s efforts go beyond just providing technology solutions. The company has launched the CROP MASTERS initiative, which offers tailored consultancy and training programs to help local agricultural communities address region-specific challenges. By partnering with local experts, HEMAV ensures that its solutions are not only globally scalable but also relevant and effective in different agricultural contexts. This initiative strengthens the company’s commitment to empowering farmers with the tools and knowledge they need to succeed in a rapidly changing world.
One of the most compelling aspects of HEMAV’s work is its focus on sustainability. The company’s AI-driven platform helps farmers optimize water use, a critical resource in an era of increasing water scarcity. By providing accurate data on irrigation needs, LAYERS helps reduce water waste and promote more efficient farming practices. Additionally, the platform’s traceability management system supports zero-deforestation certification, enabling farmers to meet sustainability standards and contribute to the fight against deforestation.
Looking to the future, HEMAV is focused on scaling its operations and further enhancing the predictive capabilities of LAYERS. The company is committed to helping agricultural communities worldwide thrive by providing them with the tools and insights they need to adapt to changing environmental conditions. By continuing to innovate in the AI-driven agricultural space, HEMAV is positioning itself as a leader in the transition to more sustainable and resilient farming practices.
In addition to its technological advancements, HEMAV has also restructured its shareholder base. The company recently bid farewell to 61 small shareholders who had supported its growth over the past decade. This restructuring is part of HEMAV’s broader strategy to scale its operations and attract further investment to continue its mission.
Overall, HEMAV’s €8 million funding round marks a significant milestone in its journey to revolutionize agriculture through AI and innovation. With its cutting-edge technology, commitment to sustainability, and focus on empowering farmers, HEMAV is poised to play a key role in shaping the future of global food production. The company’s mission to tackle the urgent challenges of climate change and food security aligns with the needs of a rapidly growing global population, positioning it for continued success in the years to come.