xFarm Technologies – a leading tech company in the digitalization of agriculture that can boast among its partnerships some big names such as Barilla, Lavazza, Lactalis, and Ferrero, to name a few – continues its growth path in Europe and announces two operations in Spain and France. Namely, the integration with Greenfield Technologies and SpaceSense to establish itself as a leader in the key areas of regenerative agriculture and geospatial AI.
THE INTEGRATIONS
Greenfield Technologies is a company based in Badajoz that specializes in soil characterization to optimize the management of crops, making them more sustainable and resilient. SpaceSense is a pioneering company based in Paris that provides climate intelligence services using satellite data and artificial intelligence to help companies and organizations perform better and large-scale sustainability analysis, as well as enabling actions such as carbon monitoring over large areas.
NEW CHALLENGES
“Through these operations with such top players, active not only in two countries that are key to agriculture in Europe but also in other areas of the world, we aim to strengthen our position in regenerative agriculture and geospatial AI, reinforcing ourselves at a pan-European level to create new value and make a comprehensive contribution to the global agri-food industry,” said Matteo Vanotti, CEO of xFarm Technologies. “Thanks to the complementarity of technology and expertise between xFarm Technologies and the teams at SpaceSense and Greenfield Technologies, we will work to provide our customers with new services related to climate intelligence and artificial intelligence-based agronomic support. Together with our ecosystem of partners, our goal remains to accompany farms worldwide on their digital transition to a more sustainable and resilient agriculture.”
INTERNATIONAL GROWTH
These two M&A operations are set to boost significant acceleration in the international path that xFarm Technologies has followed over the last two years. First with its presence in the Iberian Peninsula, then in France, Germany, and Poland. From now on, this expansion will be supported by the expertise of an even larger and more international and specialized team.
“At Greenfield Technologies, we are thrilled to join forces with xFarm Technologies on a journey towards market leadership. This partnership highlights our complementarity in solutions and markets, bolstering our capabilities to continue our shared vision of empowering the agri-food sector to reach new levels of competitiveness and sustainability. In this way, we will strengthen our ability to enhance our solutions, such as agricultural soil characterization, and support for relevant crops of the Mediterranean region like tomatoes, olives, or almonds, and we will advance in implementing regenerative agriculture to benefit our customers and the planet,” said Miguel Córdoba, CEO of Greenfield Technologies.
SUSTAINABLE AGRICULTURE
“By uniting SpaceSense’s geospatial AI prowess with xFarm Technologies’ Agtech excellence, we aim to strengthen our Climate Intelligence services to empower farmers worldwide. Together, we’ll harness data and innovation to fulfill our purpose and accelerate sustainable agriculture, from assessing soil carbon levels to deploying strategies that combat emissions on a planetary scale,” noted Jyotsna Budideti, CEO of SpaceSense.
The xFarm Technologies team is excited, looking forward to working with new colleagues, and ready for further expansion in Europe and worldwide.