OneSoil

Founded in 2018, the agrotech startup OneSoil is developing applications that allow farmers to remotely monitor the development of crops and increase the efficiency of farms. The founders of the OneSoil are Vyacheslav Mazai, Alexander Yakovlev and Vsevolod Genin from Belarus, the startup's office is in Switzerland.

History

2021: Raising $5 million, including from Almaz Capital

In mid-April 2021, the agrotech startup OneSoil raised $5 million. Almaz CapitalAlexander Galitsky and PortfoLion invested in the startup.

The solution OneSoil uses satellite imagery, machine learning algorithms and big data technology for analysis. The technology developed by the startup allows you to remotely monitor how plants develop in the fields, form maps for differentiated application of fertilizers and sowing, as well as analyze data from agricultural equipment. The solution defines the field boundaries and adds them to the application for further processing. According to OneSoil, by April 2021, 5% of all arable land in the world was registered in the startup system, including such large agricultural companies as BASF and Krone.

Almaz Capital Alexander Galitsky invested in an agrotech startup OneSoil

The startup intends to spend the funds raised to strengthen its position in Europe, North and Latin America, as well as expand the staff of specialists in Europe and the CIS.

Just two and a half years after the launch, more than 200,000 farmers and consultants in more than 180 countries already use the services of OneSoil.

Applications are OneSoil free for farmers. The agrotech startup makes a profit by providing analytics about the state of fields and crops to market participants in different countries, in particular, seed producers, fertilizers, and insurance companies. The startup has about 15 such contracts, including with BASF and Krone.^[1]

Notes