- Avisomo has secured €5 million to accelerate the development of its cutting-edge vertical farming technology.
- The company aims to enhance food production efficiency while reducing water usage, land requirements, and environmental impact.
- Avisomo’s vertical farming systems leverage automation and AI to optimise crop growth, ensuring higher yields with minimal resources.
- The investment will support scaling operations, refining technology, and expanding into new markets to drive the future of sustainable farming.
Avisomo, a cutting-edge agritech company, has successfully raised €5 million in funding to accelerate its mission of transforming sustainable vertical farming. The company aims to enhance food production systems by harnessing innovative technologies, offering eco-friendly solutions for the agricultural industry.
Founded with the goal of addressing the growing challenges of food security and sustainability, Avisomo is focused on developing advanced vertical farming systems that use significantly less water and land compared to traditional farming methods.
These systems employ state-of-the-art automation and smart technology to maximise yield while minimising environmental impact, offering a sustainable alternative to conventional agricultural practices.
The latest funding round was led by a consortium of investors committed to supporting green technologies and the future of sustainable food production.
(Read Also: Lever VC Announces First Close of $50 Million Fund II to Fuel Early-Stage Agrifoodtech Innovation)
Avisomo plans to utilise the funds to scale up operations and expand its reach in key international markets. The investment will be directed towards further development of the company’s proprietary technology, as well as the enhancement of its production capacity to meet the growing demand for sustainable food solutions.
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Vertical farming has become increasingly popular in recent years due to its ability to provide fresh produce in urban environments, reduce transportation emissions, and optimise resource use.
Avisomo’s innovative approach aims to make these benefits more accessible, empowering businesses and communities to create local food systems that are both environmentally and economically sustainable.
With this new funding, Avisomo is well-positioned to play a leading role in the future of farming, addressing the world’s food challenges while contributing to a greener, more sustainable future.
