8 years ago

Nestrom Raises Seed Funding to Digitize Agriculture Operations

  • Nestrom, an Amman-based AgTech startup, has secured seed funding from Propeller Inc., 500 Startups, Wamda Capital, international agricultural distribution company Agrimatico, and angel investors

  • The startup previously raised pre-seed funding from Propeller

  • Nestrom has developed a suite of SaaS and IIoT (Industrial IOT) products to help farm managers digitize their operations

  • The company aims to use this investment to further develop their products and get into structured sales with a focus on top agriculture producing countries in EMEA and beyond, including Egypt and Saudi Arabia

  • Nestrom's products are available throughout the EMEA region and are currently being used by some of the big names in the agriculture sector in Saudi Arabia and Jordan.

      • ProblemAgriculture

      "Traditional agriculture is inefficient and lacks the data and technology to operate at scale. This leads to wasted resources, lower yields, and difficulty managing labor effectively."

      Solution

      "Nestrom provides a suite of SaaS and IIoT products that help farm managers digitize their operations, track their workforce, and monitor their fields remotely using sensors. This allows farmers to optimize their operations, reduce costs, and improve their yields."

      Covered on