About xFarm
xFarm is a company based in Milan (Italy) founded in 2017 by Matteo Cunial, Martino Poretti, Salvatore Ferullo, Matteo Vanotti, and Lucas Marchesini. xFarm has raised $60.34 million across 6 funding rounds from investors including Partech Partners, European Union and Mouro Capital. xFarm offers products and services including xFarm App, xFarm Analytics, and xFarm CONNECT. xFarm operates in a competitive market with competitors including CropX, CropIn, Arable, Conservis and Semios, among others.
- Headquarter Milan, Italy
- Founders Matteo Cunial, Martino Poretti, Salvatore Ferullo, Matteo Vanotti, Lucas Marchesini
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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 Xfarm Technologies Sa
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Annual Revenue
Not available
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Net Profit
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EBITDA
Not available
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Total Equity Funding
$60.34 M (USD)
in 6 rounds
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Latest Funding Round
$39.53 M (USD), Series C
Oct 09, 2024
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Investors
Partech Partners
& 11 more
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Employee Count
Not available
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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.
People of xFarm
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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.
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.
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Venture capital is provided to global tech startups and scale-ups.
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Venture capital firm focused on fintech companies
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Investments are made by Swisscom Ventures, backed by Swisscom AG.
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Investor details for xFarm
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Investments & Acquisitions by xFarm
Investment portfolio details for xFarm
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Financial Statements - xFarm
Detailed financials for xFarm
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Xfarm Comparisons
Peer comparison for xFarm
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Competitors of xFarm
xFarm 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 CropX, CropIn, Arable, Conservis and Semios, among others.
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Provider of wireless sensors for soil moisture monitoring
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Provider of farm management software solutions utilizing artificial intelligence and earth observation technology for improved crop productivity and decision-making
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IoT-based farm monitoring and crop management solutions are provided.
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Cloud-based farm management solutions are developed and offered.
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Data and analytics are delivered for precision crop management.
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Detailed competitors of xFarm
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Latest news on 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.
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.