About Augmenta
Augmenta is a company based in Marousi (Greece) founded in 2016 by Dimitri Evangelopoulos and George Varvarelis was acquired by CNH Industrial in February 2023. Augmenta has raised $11.1 million across 4 funding rounds from investors including CNH Industrial, HCVC and Pymwymic. Augmenta offers products and services including Augmenta Field Analyzer, Slingshot Connectivity, and Viper 4+ Display. Augmenta operates in a competitive market with competitors including Blue River Technology, GenZ Technology, DeepAgro, Rowbot and AgreenCulture, among others.
- Headquarter Marousi, Greece
- Founders Dimitri Evangelopoulos, George Varvarelis
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Sectors
Agriculture
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Phone
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Website
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Social
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- Legal Name Raven Industries, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$11.1 M (USD)
in 4 rounds
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Latest Funding Round
$8 M (USD), Series A
Mar 23, 2021
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Investors
CNH Industrial
& 4 more
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Employee Count
Not available
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Acquired by
CNH Industrial
(Feb 13, 2023)
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Products & Services of Augmenta
Augmenta offers a comprehensive portfolio of products and services, including Augmenta Field Analyzer, Slingshot Connectivity, and Viper 4+ Display.
Uses computer vision for real-time variable rate application in agriculture.
Provides data connectivity for farm management and operations.
Offers in-cab interface for monitoring and controlling farming equipment.
People of Augmenta
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Funding Insights of Augmenta
Augmenta has successfully raised a total of $11.1M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $8 million completed in March 2021. 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.
Investors in Augmenta
Augmenta has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include CNH Industrial, HCVC and Pymwymic.
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Impact investments are made in transformative agricultural technologies.
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Venture capital funding is provided to early-stage startups.
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Investments are directed toward hard-tech and full-stack companies by HCVC.
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Investor details for Augmenta
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Investments & Acquisitions by Augmenta
Investment portfolio details for Augmenta
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Financial Statements - Augmenta
Detailed financials for Augmenta
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Augmenta Comparisons
Peer comparison for Augmenta
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Competitors of Augmenta
Augmenta 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 Blue River Technology, GenZ Technology, DeepAgro, Rowbot and AgreenCulture, among others.
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Computer vision and robotics are applied for agricultural weed control.
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Manufactures and supplies pesticide spraying equipment
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Developer of weed detection systems using Deep Learning, Data mining and IoT technology
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Robotic nitrogen dispensation for corn farms
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Developing a robot for assistance in agricultural activites
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Detailed competitors of Augmenta
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Latest news on Augmenta
Complete news archive for Augmenta
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Frequently Asked Questions about Augmenta
Augmenta was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Augmenta is headquartered in Marousi, Greece. It is registered at Marousi, Attica, Greece.
George Varvarelis is the current CEO of Augmenta. They have also founded this company.
Augmenta is a funded company, having raised a total of $11.1M across 4 funding rounds to date.
Augmenta was founded in 2016 and is headquartered in Marousi, Greece. Operations focus on the agriculture technology sector, where a plug-and-play device is offered for mounting on tractors. Real-time field data is collected by the device, and proprietary artificial intelligence is utilized to enable precise fertilizer spraying through a web-based system. Services support farmers in optimizing resource application across field operations.
Augmenta's top competitors include Blue River Technology, GenZ Technology and AlterraTech.
Augmenta offers Augmenta Field Analyzer, Slingshot Connectivity, and Viper 4+ Display.
Augmenta has 5 investors. Key investors include CNH Industrial, HCVC, Pymwymic, Marathon Venture Capital, and MassChallenge.