Agricultural Startup Gets a Million Euro Investment

Total Croatia News

Agrivi hopes to change the way food is being produced.

South Central Ventures (Enterprise Innovation Fund – ENIF) invested one million euros in Agrivi, Croatian agro-technological company that wants to change the way food is being produced and make a positive impact on more than one billion people. Their agro-technological software solutions help farmers around the world achieve efficient, profitable and sustainable agricultural production, reports Index.hr on July 5, 2016.

“The global market for technology in agriculture is rapidly growing. Given that we have managed to position ourselves as one of the leading players in the industry, the demand for our technology is growing. The partnership with South Central Ventures will help us strengthen our multiple operational capabilities, maintain the highest level of satisfaction of our customers and accelerate the further positioning on the market in order to bring our technology to many more farmers. In the upcoming period, we will strongly focus on increasing the market share in key agricultural countries in the EU and positioning as a leader in the certain niche markets globally”, said Matija Žulj, the company founder.

Agrivi has been successful from the very beginning. One year after its founding, this startup was ranked first at the World Startup Projects Competition that took place in November 2014 in Seoul, South Korea, as a project with potentially biggest global influence. Today, over 15,000 agricultural producers from 150 countries use their software for production improvement.

Agrivi’s team has over 10 years of experience in ICT, business development and agronomy and is operating from offices in Kutina, Zagreb and London. This investment will help Agrivi’s further global expansion, the introduction of key changes in the industry of food production and achieve a positive impact on more than one billion of people. “We are here to help them reach these goals and, if we succeed, it will have a positive effect on a large part of the global population”, confirmed George Mikuž, managing partner at SCV.

 

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