xFarm Applied sciences, a number one tech firm within the digitalization of agriculture that helps greater than 500,000 farms every single day, along with an ecosystem of greater than 100 giant firms on a complete space of 8.3 million hectares tracked, introduced a strategic operation to affix forces with Checkplant, an AgTech firm specialised in agricultural options for discipline administration and monitoring, based mostly in Brazil, a number one producer of espresso, sugarcane, soybeans, cereals and legumes, whose agribusiness export worth amounted to round $ 160 billion in 2024.
Scaling as much as a world stage
Through the years, xFarm Applied sciences has established itself as a pan-European chief in offering digitalization providers to its B2B prospects and small farms, and raised € 36 million in a Collection C funding spherical final October. For its half, Checkplant, which operates in key areas for Brazilian agriculture, resembling Mato Grosso, Bahia, Paraná and Goias, has a major monitor report and portfolio of enormous farms amongst its prospects, protecting 50% of the overall space of cotton plantations and 11% of the overall space of soybean plantations in Brazil.
xFarm Applied sciences already has a Brazilian crew unfold throughout the nation, engaged on quite a few initiatives centered on traceability, regenerative agriculture and MRV (Monitoring, Reporting, Verification). This operation paves the way in which for the tech firm to increase its attain into Latin America, making it an much more dependable associate for firms trying to digitalize their whole provide chain at a world stage. However, it permits Checkplant to additional broaden and enhance the providers it has been offering for over twenty years.
“I’m thrilled to announce this operation with Checkplant, an organization with such a exceptional monitor report and with whom we share not solely an strategy to agriculture, but additionally intensive expertise and lots of values. We’ll now be capable to scale our operations a lot sooner in Brazil, a world agricultural powerhouse, the place we now have the chance to implement all the pieces we’re doing within the European market to assist our B2B prospects cowl their whole provide chain and guarantee larger traceability and sustainability, additionally by means of regenerative agriculture practices. Farmers around the globe are dealing with huge challenges in the present day, and our objective has at all times been to be their ally on a world scale,” mentioned Matteo Cunial, CRO of xFarm Applied sciences.
MORE BY XFARM TECHNOLOGIES
Brazil: the brand new frontier
“From our first interactions with the xFarm Applied sciences’ crew, I noticed the potential to take this undertaking to the subsequent stage, seeing alternatives that we hadn’t been in a position to obtain on our personal. Now, we’re increasing and advancing our mission to ship progressive options that rework agriculture. Collectively, we’re combining our Brazilian agribusiness experience with the worldwide imaginative and prescient and superior know-how of xFarm Applied sciences. As a single firm, we’re higher positioned to serve farmers throughout all segments with instruments that enhance effectivity, promote sustainability and create worth at each stage of manufacturing. We’re able to take digital agriculture to unprecedented heights, benefiting each farmers and the whole manufacturing chain,” mentioned André Cantarelli, CEO of Checkplant.
Sturdy synergies
The 2 firms are extremely complementary and collectively will cowl greater than 12 million hectares worldwide. They each have proprietary platforms, xFarm and Farmbox, which give DSS (Choice Assist Techniques), agronomic fashions and a variety of options that allow farmers to make data-driven selections and maintain monitor of all their actions.
Whereas xFarm Applied sciences has expertise in working with small and medium sized farms and provide chain initiatives, the Checkplant crew may be very sturdy in working with farms which are bigger than 1000 hectares.
By working collectively, the xFarm Applied sciences and Checkplant groups will assist deliver digital agriculture to extra individuals, offering them with high-level providers that assist improve productiveness, sustainability, traceability and, final however not least, the added worth of agricultural merchandise.
