About xFarm
xFarm is an Agriculture company based in Milan (Italy) founded in 2017 by Matteo Cunial, Martino Poretti, Salvatore Ferullo, Matteo Vanotti, and Lucas Marchesini. It operates as a farm management solutions are delivered via an IoT-sensor platform. xFarm has raised $60.34 million across 6 funding rounds from investors including Partech Partners, European Union and Mouro Capital. Its chief executive is Matteo Vanotti. Its website xfarm.ag draws about 47 thousand monthly visits. xFarm offers products and services including xFarm App, xFarm Analytics, and xFarm CONNECT. Its focus areas include Food and Agriculture Tech, Crop Tech, Farm Management Software and Diversified. Its legal entity is xFarm Technologies SA. Its competitors include CropX, CropIn, Arable, Conservis and Semios and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
xFarm was established in 2017 in Milan, Italy, within the agritech sector. An IoT-sensor-based platform is utilized to gather data on crop activities, treatments, and operations at set intervals. This data is processed by software that assesses crop health and generates insights for remedial planning. A mobile application is offered on iOS and Android for farmer access.
- Total Equity Funding$60.34M (USD)
in 6 rounds
- Latest Funding Round$39.53M (USD), Series C
Oct 2024
- InvestorsPartech Partners
& 11 more
Products & Services of xFarm
xFarm offers a comprehensive portfolio of products and services, including xFarm App, xFarm Analytics, and xFarm CONNECT.
App for managing field activities and farm operations.
Platform for monitoring farm sustainability and resource use.
Service for integrating farm machinery and sensors.
Apps and channels of xFarm
xFarm publishes 2 mobile apps with over 1M+ downloads; its YouTube channel xFarm has 5.66K subscribers and 30 videos.
Videos from xFarm
The most watched videos on xFarm's YouTube channel, xFarm (5.66K subscribers). Click a video to play it here.
More on xFarm.
Funding Insights of xFarm
xFarm has successfully raised a total of $60.34M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $39.53 million completed in October 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 $60.34M
- Total Rounds 6
- Last Round Series C — $39.53M
- First Round $3.32M
(Dec 2019)
- Investors Count 12
All 6 funding rounds of xFarm 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 |
|---|---|---|---|---|---|
| Oct 2024 | $39.53M | Series C | – | Partech Partners | |
| Mar 2023 | $1.07M | Grant | – | – | |
| Feb 2023 | $949,499 | Grant | – | – | |
| Aug 2022 | $17.34M | Series B | – | Swisscom Ventures | |
| Aug 2020 | $150,000 | Seed | – | – | |
| Dec 2019 | $3.32M | Series A | – | United Ventures, TiVentures | – |
12 investors in total: 12 institutional.
Investors in xFarm
xFarm has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include Partech Partners, European Union and Mouro Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital is provided to global tech startups and scale-ups. | 1982 | partechpartners.com | Paris, France | |
Venture capital firm focused on fintech companies | – | mourocapital.com | London, United Kingdom | |
Investments are made by Swisscom Ventures, backed by Swisscom AG. | – | ventures.swisscom.com | Ittigen, Switzerland | |
Investments are directed toward early-growth SaaS and digital companies. | – | unitedventures.com | Milan, Italy | |
Neva SGR is engaged in venture capital investments globally. | – | nevasgr.com | Turin, Italy | |
Venture capital fund focused on early-stage healthcare, fintech, deep tech, and multiple sectors | – | novacapital.eu | Milano, Italy | |
Venture capital investments are made in foodtech startups by Grey Silo Ventures. | – | greysiloventures.com | Camisano Vicentino, Italy | |
Sustainable industrial innovation is supported through venture capital investments. | – | emerald.vc | Zurich, Switzerland | |
Government agency and accelerator focusing on innovative startups and SMEs | – | eicfund.eu | Brussels, Belgium | |
TiVentures is operated as a seed investment fund for high-tech startups. | 2016 | tiventures.ch | Lugano, Switzerland |
Investor details for xFarm
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of xFarm
53 people are tracked at xFarm (13 in leadership, 40 in team).
| Name | Role | Group |
|---|---|---|
Francesco Mosciano | Head Of Operations | Leadership |
Matteo Cunial | Co-Founder & Chief Revenue Officer | Leadership |
Martino Poretti | Co-Founder | Leadership |
Salvatore Ferullo | Co-Founder & CTO | Leadership |
Matteo Vanotti | Co-Founder & CEO | Leadership |
Lucas Marchesini | Co-Founder | Leadership |
Micol Ariane Bottazzi | COO | Leadership |
Giovanni Causapruno | Sales Director Europe | Leadership |
Daniele Sacco | Head of IT | Leadership |
Lorenzo Marchesi | Head Of Engineering | Leadership |
Nicolò Barbano | Head Of Staff | Leadership |
Giuseppe Manzione | CFO | Leadership |
Jyotsna Budideti | Head Of Business Strategy | Leadership |
Marco Baragetti | Telematics Sales Consultant | Team |
Davide Scurria | IT Manager | Team |
Davide Citroni | Software Developer | Team |
Paolo Zamuner | Post-Sales IoT Specialist | Team |
Giuseppe Piccione | Software Developer | Team |
Thomas Haddinott | Fullstack Developer | Team |
Oleksii Antonov | Sales Manager, UA & KZ | Team |
33 more people are available in the full profile.
Complete people profiles for xFarm
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Professional contacts
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Timeline of xFarm
3 dated milestones of xFarm across 7 years, from founding to its latest funding, stage changes and deals.
- Founded xFarm is founded.
- Funding First funding round of $3.3M.
- Funding Latest funding round, Series C, of $39.5M.
Competitors of xFarm
xFarm has 9 listed competitors in our database, 9 of them funded. They include CropX, CropIn, Arable, Conservis and Semios, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cropx.com | 2013 | Tel Aviv, Israel | $50.5M | – | Provider of wireless sensors for soil moisture monitoring | |
| cropin.com | 2010 | Bengaluru, India | $53.99M | 93 | Provider of farm management software solutions utilizing artificial intelligence and earth observation technology for improved crop productivity and decision-making | |
| arable.com | 2014 | Princeton, United States | $67.4M | – | IoT-based farm monitoring and crop management solutions are provided. | |
| conservis.ag | 2009 | Minneapolis, United States | $50.3M | 54 | Cloud-based farm management solutions are developed and offered. | |
| semios.com | 2010 | Vancouver, Canada | $183.72M | 184 | Data and analytics are delivered for precision crop management. | |
| greenlabs.co.kr | 2017 | Seoul, South Korea | $166M | – | AI-powered cloud-based farm management system is offered for crop optimization. | |
| barn2door.com | 2015 | Seattle, United States | $13.88M | – | Meats are retailed online and farm management solutions are provided. | |
| prospera.ag | 2013 | Tel Aviv, Israel | $22M | – | Plant health is monitored via computer vision and sensors. | |
| solinftec.com | 2007 | Aracatuba, Brazil | $110M | – | Automation solutions for agricultural logistics are developed and supplied. |
Detailed competitors of xFarm
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Web traffic of xFarm
The website of xFarm (xfarm.ag) receives about 47.4K visits a month.
- Monthly visits47.4K
▲ 32.1% vs previous month
Websites whose visitors overlap most with xFarm. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| hispatec.com | 100% | 5.5K | #3,237,186 | View details | |
| facebook.com | 72% | 12.1B | #3 | View details | |
| google.com | 71% | 85.8B | #1 | View details | |
| linkedin.com | 66% | 1.9B | #18 | View details | |
google.it | google.it | 65% | – | – | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for xFarm
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 8 similar websites
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Top companies in Crop Tech & Equipment
10 companies that operate in the same segment as xFarm (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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Related news about Xfarm
Complete news archive for xFarm
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Frequently Asked Questions about xFarm
xFarm was founded in 2017 and raised its 1st funding round 2 years after it was founded.
xFarm is headquartered in Milan, Italy. It is registered at Milan, Lombardy, Italy.
Matteo Vanotti is the current CEO of xFarm. They have also founded this company.
xFarm is a funded company, having raised a total of $60.34M across 6 funding rounds to date. The company's 1st funding round was a Series A of $3.32M, raised on Dec 2019.
xFarm was established in 2017 in Milan, Italy, within the agritech sector. An IoT-sensor-based platform is utilized to gather data on crop activities, treatments, and operations at set intervals. This data is processed by software that assesses crop health and generates insights for remedial planning. A mobile application is offered on iOS and Android for farmer access.
xFarm offers xFarm App, xFarm Analytics, and xFarm CONNECT.
xFarm has 12 investors. Key investors include Partech Partners, European Union, Mouro Capital, Swisscom Ventures, and United Ventures.
xFarm operates through Xfarm Technologies Sa.
Yes. xFarm publishes xFarm - Manage your farm and 1 more app, with over 1 million downloads.