South Central Ventures has announced an investment in Agrivi, a Croatian-based startup that is also a global ag-tech company with the vision to change the way food is produced and make a positive impact on more than 1 billion people by helping farmers to reach sustainable, resource-efficient and profitable production. The size of the Series A Investment round is 1 million.
We live in a world in which food production is one of the major challenges of today, being completely inefficient and unable to respond to the global food needs (Global Food Report, IMECHE). Until quite recently, farming had not changed much for thousands of years.
Agrivi aims to tackle these problems, by building agricultural software solutions that address all key stakeholders of the food production industry: farmers of all scales, cooperatives, vertical food production and sourcing industry, governments, NGOs and other stakeholders interested in improving agricultural production.
Make food production more efficient
The team has worked to create an intelligent but affordable technology in a form of knowledge-based farm management software solution that significantly improves agricultural production results, making food production more efficient and sustainable. The solution is available on any device through its web application and mobile apps for iOS
Just one year after the inception, Agrivi won the 1 st prize in the World Startup Competition 2014 held on Nov. 24-25 in Seoul, Korea, as the project with highest potential global impact. The unstoppable team continued working hard to position as the complete farm management software on the market.
Today, over 15.000 farmers from 150 countries have recognized its value and have started using it to improve their production.
Agrivi’s strong global position and market recognition are confirmed by multiple global market research reports: Agrivi is listed as one of key market players in three farm management software market researchers in 2015 and selected among top 8 key global market leaders in the latest farm management software market research issued in June 2016.
Global AgTech market is evolving rapidly and as we have managed to position among top key global industry players, market demand for our technology is very strong. Partnering with SCV helps us to multiply our operational capacity, keep the customer success rate at the highest level and further speed up market expansion to bring our technology to as many farmers as possible. In the next period, we will focus on strong market penetration of key agricultural EU countries and position as global leader in niche industry verticals serving customers worldwide. – Matija Zulj, Founder, Agrivi
Matija Zulj, an entrepreneur with strong business and IT work and educational background, founded Agrivi in 2013 in Kutina, Croatia. He was inspired to create the solution from frustrations he had growing his own blueberry farm.
Today, Agrivi brings together a multi-disciplinary and knowledgeable team with over 10+ years of experience in ICT, business development and agriculture that operate through offices in Kutina, Zagreb and London.