About Abastores
Abastores is an Agriculture company based in Madrid (Spain) founded in 2019. Abastores has raised $1.14 million across 2 funding rounds from investors including Rockstart, Enisa and Castilla-La Mancha. Abastores offers products and services including Cereal Trading Platform and Market Data App. Its focus areas include Food and Agriculture Tech, Crop Tech, Content Platforms and Data as a Service. Its competitors include Smartwyre, Kynetec, Mercaris, Cabbige and AgMark and 2 more; 4 of its 7 listed competitors have raised funding.
Company details
Provider of business analytics software for agribusiness. It provides agricultural wholesalers and retailers an intelligence platform to monitor and gain insights into market trends, price optimization, inventory stock details, merchandise sales, customer support, marketing data communication insights, track shipments, and more.
- Headquarters Madrid, Spain
- SectorsAgriculture
- Email••••••••
- Phone•••• ••••
- Website abastores.com
- Social LinkedIn X Facebook Instagram
- Total Equity Funding$1.14M (USD)
in 2 rounds
- Latest Funding Round$787.59K (USD), Seed
Dec 2024
- InvestorsRockstart
& 3 more
Products & Services of Abastores
Abastores offers a comprehensive portfolio of products and services, including Cereal Trading Platform and Market Data App.
Facilitates online buying and selling of cereals for farmers
Provides real-time cereal prices and national exchange information
Apps and channels of Abastores
Abastores publishes 1 mobile app.
Funding Insights of Abastores
Abastores has successfully raised a total of $1.14M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $787.59 thousand completed in December 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $1.14M
- Total Rounds 2
- Last Round Seed — $787,590
- First Round $347,463
(Aug 2022)
- Investors Count 4
All 2 funding rounds of Abastores with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2024 | $787,590 | Seed | – | Encomenda | |
| Aug 2022 | $347,463 | Seed | – | – |
4 investors in total: 4 institutional.
Investors in Abastores
Abastores has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Rockstart, Enisa and Castilla-La Mancha.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage venture capital investments are provided to technology-driven founders. | 2022 | encomenda.com | Spain | |
Early-stage startups are accelerated across energy, agrifood, and emerging technologies. | 2011 | rockstart.com | Amsterdam, Netherlands | |
Loans are provided to small and medium enterprises by Enisa. | 1982 | enisa.es | Madrid, Spain | |
Government entity focused on education, health, sports, and citizenship | 1982 | castillalamancha.es | Toledo, Spain |
Investor details for Abastores
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Timeline of Abastores
3 dated milestones of Abastores across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Abastores is founded.
- Funding First funding round of $347K.
- Funding Latest funding round, Seed, of $788K.
Competitors of Abastores
Abastores has 7 listed competitors in our database, 4 of them funded. They include Smartwyre, Kynetec, Mercaris, Cabbige and AgMark, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| smartwyre.com | 2018 | Denver, United States | $13.59M | 39 | Input pricing software is developed for agricultural distributors. | |
| kynetec.com | 2002 | Newbury, United Kingdom | – | 70 | Provider of market research and insights focused on animal health and agriculture | |
| mercaris.com | 2012 | Silver Spring, United States | $9.17M | 9 | Provider of market data and trading platform for organic & non-GMO commodities | |
| cabbige.com | 2014 | Provo, United States | $419,990 | – | Provider of a pricing tool for vegetable growers | |
| agmarkllc.com | 1999 | Kansas, United States | – | 24 | Offers grain marketing, market data, and agricultural services to clients. | |
| lexagri.com | 1988 | – | – | – | Agricultural datasets are verified, harmonized, and distributed to farmers. | |
| fruitbull.com | 2014 | Madrid, Spain | $427,000 | – | Price discovery tool for producers and agricultural commodities suppliers in Spain |
Detailed competitors of Abastores
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Top companies in Crop Tech & Equipment
10 companies that operate in the same segment as Abastores (Crop Tech & Equipment), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Cannabis products are provided to support consumer wellness and health. | 2013 | Smiths Falls, Ontario, Canada | – | USD 204.24 M | 960 | |
Provider of plant-based food ingredients | 2012 | St. Louis, Missouri, United States | USD 406.99 M | USD 470 M | – | |
Robotic equipment for automating weeding on vegetable farms is developed. | 2016 | San Francisco, California, United States | USD 139.96 M | – | 73 | |
Provider of farmers networking platform | 2014 | San Carlos, California, United States | USD 981.09 M | – | 808 | |
Manufacturer and distributor of irrigation equipment | 1963 | Jalgaon, Maharashtra, India | – | USD 679.04 M | 12,280 | |
AgroStar is engaged in providing agricultural products and solutions. | 2013 | Pune, Maharashtra, India | USD 208.82 M | USD 31.86 M | 1,249 | |
Crop protection solutions and hybrid seeds are provided for farming. | 2000 | Basel, Basel-stadt, Switzerland | – | – | – | |
SaaS-based B2B solutions for food supply chains are provided. | 2015 | Gurugram, Haryana, India | USD 51.11 M | USD 124.42 M | 373 | |
DeHaat is recognized as an online marketplace for farmers. | 2012 | Patna, Bihar, India | USD 223.57 M | USD 240.09 M | 2,011 |
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Frequently Asked Questions about Abastores
Abastores was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Abastores is headquartered in Madrid, Spain. It is registered at Madrid, Madrid, Spain.
Abastores is a funded company, having raised a total of $1.14M across 2 funding rounds to date. The company's 1st funding round was a Seed of $347.46K, raised on Aug 2022.
Provider of business analytics software for agribusiness. It provides agricultural wholesalers and retailers an intelligence platform to monitor and gain insights into market trends, price optimization, inventory stock details, merchandise sales, customer support, marketing data communication insights, track shipments, and more.
Abastores offers Cereal Trading Platform and Market Data App.
Abastores has 4 investors. Key investors include Rockstart, Enisa, Castilla-La Mancha, and Encomenda.
Yes. Abastores publishes Abastores.