OneSoil raised $5 million in series A from the funds Almaz Capital and PortfoLion.

Switzerland Hungary United States 21 April 2021

OneSoil, a Zurich, Switzerland-based agrotech startup raised $ 5 million in series A round.

The money was raised from the funds Almaz Capital and PortfoLion. The total amount of attracted investments since the foundation of the company amounted to $6.7 million.

OneSoil, founded in 2017 by Belarus people Sasha Yakovlev, Usevalad Henin and CEO Viacheslav (Slava) Mazai, is developing applications that allow farmers to remotely monitor the development of crops and increase the efficiency of farms. The company says that  5% of all arable land in the world is registered on the OneSoil app, which is used by 200,000 farmers and agricultural specialists from 180 countries.

The base for OneSoil is satellite imagery, machine learning algorithms and big data analytics. With the help of the application, you can create an interactive map of fields, observe the development of plants, pick up the necessary complex of fertilizers, and also analyze data from agricultural equipment.

Total investments received (USD): 6.54M