Magrotech
Company

Last deal

$98.3K
Local Amount - RUB 6.M

Amount

Seed

Stage

10.01.2020

Date

3

all rounds

$199.5K

Total amount

General

About Company
Magrotech is an online agricultural technology company that helps improve crop yield profitability.

Industry

Sector :

Subsector :

founded date

01.05.2018

Number of employees

Company Type

For Profit

Last funding type

Seed

IPO status

Private

Description

The company collects data on soils, fertilizers used, and problems, and uses this information to determine the content of nutrients, acidity, soil density, and humus content. They analyze the heterogeneity of soil based on agrochemical analysis, enabling customers to optimize the cost of fertilizers and increase yields, thereby increasing profits. Magrotech's online service is a decision support system for fertilizer use, allowing users to predict potential crop productivity, select expected productivity, compose a nutrition system for it, and calculate the economics. The company's experts help clients find the best way to increase the yield of their main crops and provide recommendations and scientific and economic justifications in a short time. They keep track of global trends and use world trends and innovations to develop new services that are necessary and convenient for agricultural companies worldwide.
Contacts