Weenat's Innovative Approach to Combat Water Scarcity
April 10, 2024, 3:34 am
Weenat
Location: France, Pays de la Loire, Nantes
Employees: 11-50
Founded date: 2014
Total raised: $9.22M
German agritech company Weenat has secured an impressive $8 million in Series C funding for its groundbreaking meteorological sensors that aid farmers in water conservation efforts. With water scarcity becoming an increasingly pressing issue, Weenat's technology offers a solution to this environmental challenge. Agriculture, responsible for 70% of global freshwater withdrawals, often underutilizes water due to the lack of suitable tools. Weenat's sensors monitor soil water content, helping farmers optimize water usage. By utilizing data from a network of soil sensors, satellite imaging, and algorithmic analysis, Weenat aims to map out soil water content fluctuations across Europe. Founded in 2014, Weenat has continuously evolved its technology, acquiring Weather Measures in 2021 to enhance its R&D capabilities in engineering, machine learning, agronomy, and metrology. The recent Series C funding round, with investors like Pymwymic, LIBERSET, and IDIA Capital Investissement, will enable Weenat to expand its reach across Europe. Founder Jérôme Leroy expressed the company's ambition to empower farmers with effective and user-friendly solutions, highlighting the significant impact of their technology in conserving water. Weenat's innovative approach to water management is poised to make a meaningful difference in addressing water scarcity challenges in agriculture.