eAgronom, a Tallinn, Estonia-based agriculture-focused climate tech company, has secured €10 million in a Series A2 equity round.   

The round includes €4.2 million raised during a booster round last year, now converted into equity, and an additional €5.8 million raised this year.   

Investors  

The round was led by Swedbank AB with a €4 million investment, with participation from Icos Capital, Soulmates Ventures, and SmartCap Green Fund.  

Swedbank AB is a Nordic-Baltic banking group based in Stockholm, Sweden, offering retail banking, asset management, financial, and other services.  

eAgronom Use of Funds  

The company will use the funds to enhance its presence in key markets and scale its involvement in sustainable farming programs, particularly Scope 3 and sustainable financing.  

About eAgronom  

eAgronom is an agriculture-focused climate tech company helping farmers adopt sustainable practices for the health of their soils and the planet. The company provides a farm management SaaS platform that allows farmers to plan, manage, and analyze their activities. Founded in 2016, the company works with over 3,000 farmers across 14 countries, providing financial incentives, education, and support for regenerative farming practices. eAgronom’s initiatives include a Carbon Program that sells carbon credits and sustainable financing options in partnership with financial institutions like Swedbank.  

Funding Details                

Company: eAgronom OÜ  

Raised: €10.0M                                 

Round: Series A2    

Funding Month: July 2024                                                                                                   

Lead Investors: Swedbank AB    

Additional Investors: Icos Capital, Soulmates Ventures, SmartCap Green Fund  

Company Website: https://www.eagronom.com/   

Software Category: Farm Management  

Source: https://blog.eagronom.com/eagronom-secures-10m-to-expand-sustainable-agriculture-program