Amount Raised
$20 Million
Round Type
Series A
PotsdamAgriculture and FarmingSoftwareArtificial IntelligenceDescription
Stenon, an AgTech company that has a real-time soil-sensing solution, has raised a $20 million Series A funding round from Founders Fund, David Friedberg’s The Production Board, and existing investors including Cherry Ventures and Atlantic Labs. Founded in 2018 in Potsdam, Germany, Stenon’s digital soil data is produced without the need for a laboratory, making it faster and more efficient, the company claims. Stenon says farmers get data to make the best decision about cultivation, boosting yield, crop quality, and soil health, while saving significant amounts of time and money by not needing to use a soil testing laboratory.
Who else raised in Agriculture and Farming and Software around the same time
Companies in the same sectors as Stenon GmbH that raised within 45 days of this round, from Fundz verified event records.
- Agritask raised $26M (Series B) on February 3, 2022.
- Krista Software raised $15M (Funding Round) on February 1, 2022.
- PIXM Security raised $4.3M (Seed) on February 1, 2022.
- Miso Robotics raised an undisclosed amount (Series E) on February 1, 2022.
- Kula Bio raised $50M on January 28, 2022.
- Kula Bio raised $50M (Series A) on January 27, 2022.
Who to call at Stenon GmbH, and when
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- An alert the day Stenon GmbH raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Stenon GmbH, from your own LinkedIn network
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Funding Insights
What this usually meansStenon GmbH raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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