Recognized Globally in Transforming Agriculture – What's Next for Proofminder?

Recognized Globally in Transforming Agriculture – What's Next for Proofminder?

About Proofminder?

Proofminder is an advanced agricultural platform originating from Central and Eastern Europe (CEE). The platform empowers farmers to seamlessly access detailed leaf-level reports for their fields, including critical aspects such as plant population, weed detection (both green-on-green and green-on-brown), variable-rate application (VRA) spraying maps, plant damage analysis, yield assessment, and more.??

By leveraging state-of-the-art AI technology, Proofminder drastically streamlines farm management processes, saving significant time spent in the field while concurrently reducing chemical inputs by up to 80%. This results in not only enhanced efficiency but also promotes sustainable farming practices. Utilizing high-resolution drone imagery (<0.5 cm/pixel), our platform harnesses the power of Artificial Intelligence (AI) and Machine Learning (ML) to derive actionable insights for every square centimeter of land.??


Industry Acknowledgements

Proofminder has been awarded and recognized multiple times for its outstanding AgTech innovation on both local and global levels. Since its inception in 2021, Proofminder was named the most innovative AgTech startup in Hungary. Subsequently, it was a runner-up for AgriInvestor’s Innovation of the Year in 2021 and 2022.?

The year 2024 brought even more accolades, including:?

  • TOP Seed Innovation by the esteemed Seed World Group?
  • TOP-10 Promising Hungarian Startups by EU-Startups?
  • TOP-100 Innovative Companies in CEE by Vestbee?
  • TOP-500 FoodTech (the “Fortune 500 of AgriFoodTech)?
  • Grand Prix at AgroExpo Brno, Europe’s largest agricultural expo, overcoming competition ?
  • Top 100 Global Innovators by SVG THRIVE Ventures?
  • Received a special Award from the EBRD AgVentures during the AgriTech Summit in London

In the first half of 2024, Proofminder also completed participation in a prestigious global program – Thrive Agrifood Academy by SVG Ventures | THRIVE and was accepted into the Ventures Thrive EU and multiple EIT Food programs to continue solidifying their global presence and innovate the Agroindustry with the help of strong niche partners.?


Proofminder’s Journey

With rapid expansion over the past few months, Proofminder has successfully scaled its AI applications to India, Brazil, Australia, and South Africa, establishing partnerships and a presence across five continents. Proofminder’s innovative solutions have received validation from 8 out of the top 10 seed production companies, including industry leaders like Corteva Agriscience, Syngenta, Nuziveedu Seeds, and others, as well as from large farms and growers worldwide.?



The global presence map of Proofminder in 2024
The global presence map of Proofminder – Q2 2024.?


Proofminder platform boasts a variety of popular use cases, including:?

  • Hybrid corn quality control along the entire production lifecycle.?

  • Plant population for various field crops and vegetables.??

  • Weed detection and identification across various crops, allowing for spot spraying.?

  • Automated plantation monitoring for pineapple.?

  • Citrus orchard monitoring, disease detection and tree counting.?

Furthermore, the team leads the charge in innovation by continuously exploring and pioneering new use cases to meet the evolving demands of the agricultural industry.?


Fundraising plans?

In summary, the journey has been marked by relentless innovation and rapid expansion, all achieved with a mere 0,9 million euros in funding by September 2024. The proven track record of success, validated by industry leaders and global recognition, underscores the immense potential of our platform in revolutionizing the agricultural landscape.??

Additional investors joined in Q2 2024, including a farmer, a senior agroindustry expert, and two new venture capital firms, alongside existing lead investor Impact Ventures, in a round based on convertible notes. This further underscores the value, scalability, and impact potential of Proofminder.?

Building on its global commercial traction and expansion roadmap, Proofminder is planning a 1.5 million euro seed round in Q1 2025 to accelerate its market growth. This funding will leverage its validated real-world products and a growing pipeline of customers.?


?? Join the momentum in shaping the future of agriculture with Proofminder!

Reach out to the founders to learn more about this investment opportunity, and see how you can be a part of the plant-level farming revolution.??


Source: https://proofminder.com/blog/proofminder-recognized-globally-in-transforming-agriculture-opening-its-seed-round/


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