Javelot announces a fundraising of 10 ME led by NextStage AM and IDIA Capital Investissement

Photo credit © Reuters

( — Javelot, a pioneer in digital solutions for post-harvest and grain storage, announces the raising of 10 million euros from NextStage AM and IDIA Capital Investissement, as well as from its historical investors ( Sparkling Partners and Unilis Agtech, joint venture between Unigrains and Arvalis) and Crédit Agricole Brie Picardie.

This new funding round meets two objectives for the company:
– Accelerate its development, especially internationally, with the ambition to become the European leader in post-harvest digital transformation, monitoring 50% of the EU market by 2025.
-Expand its range of services within an integrated platform that covers all post-harvest and grain storage operations and thus allows cooperatives and agricultural traders to go even further in the improving their economic and environmental performance.

Created in 2018 in Wasquehal (Lille) by Félix Bonduelle, agricultural engineer, Vindicien Delcourt, farmer, and the start-up studio Sparkling Partners, Javelot has proven the robustness of its economic model on the French market, of which it will monitor 10% of stocks. cereals by the end of 2022.

Around a hundred key account customers are already using the Javelot solution. By connecting temperature probes, fans and insect traps, the platform makes it possible to visualize in real time all the storage sites, the temperature history and to control the operation of the fans remotely in order to control the temperature in the silos and optimize ventilation. Thus, in addition to the almost total elimination of storage insecticides, the user can make substantial savings on his energy consumption, from 30 to 70% compared to conventional equipment.


Source link -87