About Abaco Group
Abaco Group is a company based in Mantova (Italy) founded in 1990 was acquired by IBF Services in October 2023.. Abaco Group offers products and services including ABACO Farmer, Digital CAP, ABACO Agri, and ABACO Asset Management. Abaco Group operates in a competitive market with competitors including FBN, DeHaat, Farmers Edge, Farmerline and Semaai, among others.
- Headquarter Mantova, Italy
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Sectors
Agriculture
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Email
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Phone
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Website
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Social
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- Legal Name Abaco S.P.A.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
DeA Capital Alternative Funds
& 1 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Abaco Group
Abaco Group offers a comprehensive portfolio of products and services, including ABACO Farmer, Digital CAP, ABACO Agri, and ABACO Asset Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for managing agricultural data via IoT and AI.
Suite for monitoring agricultural policies and funds.
Tools for digitalizing agricultural processes and sustainability.
System for sustainable management of company assets.
Funding Insights of Abaco Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Abaco Group
Abaco Group has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include DeA Capital Alternative Funds and IBF Services. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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DeA Capital Alternative Funds is engaged in private equity and financial investments in Italy.
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Founded Year | Domain | Location | |
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Innovation and technology services for agriculture are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Abaco Group
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Abaco Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Abaco Group Comparisons
Competitors of Abaco Group
Abaco Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as FBN, DeHaat, Farmers Edge, Farmerline and Semaai, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Provider of farmers networking platform
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| domain | founded_year | HQ Location |
DeHaat is recognized as an online marketplace for farmers.
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| domain | founded_year | HQ Location |
Precision agriculture solutions and farm data management platforms are provided.
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| domain | founded_year | HQ Location |
Provider of weather information and content marketing services
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| domain | founded_year | HQ Location |
Provider of app-based diversified tech-based services for farmers
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| domain | founded_year | HQ Location |
Integrated services are provided across the agricultural value chain.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Abaco Group
Frequently Asked Questions about Abaco Group
When was Abaco Group founded?
Abaco Group was founded in 1990.
Where is Abaco Group located?
Abaco Group is headquartered in Mantova, Italy. It is registered at Mantova, Lombardy, Italy.
Who is the current CEO of Abaco Group?
Antonio Samaritani is the current CEO of Abaco Group.
What does Abaco Group do?
Abaco Group was founded in 1990 in Mantova, Italy, and operates in the agritech sector. Satellite images, aerial photos, and drone data are analyzed to generate agricultural indices. AI is applied to identify crop parcels and deliver insights on damage from insects, weather events, and diseases. Solutions are tailored for farmers seeking data-driven farm management.
Who are the top competitors of Abaco Group?
What products or services does Abaco Group offer?
Abaco Group offers ABACO Farmer, Digital CAP, ABACO Agri, and ABACO Asset Management.
Who are Abaco Group's investors?
Abaco Group has 2 investors. Key investors include DeA Capital Alternative Funds, and IBF Services.
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