Dutch startup Source.ag raises €15.2 million to scale AI software powering 300 greenhouses across 18 countries
Dutch startup Source.ag has secured €15.2 million in a Series B funding round, demonstrating continued investment in European AgriTech. The Amsterdam-based company develops AI software for Controlled Environment Agriculture (CEA), aiming to improve sustainable food production. This funding round, led by Astanor, underscores the growing importance of AI in the agricultural sector. Source.ag's AI platform has been implemented in over 300 greenhouses across 18 countries, spanning 2,500 hectares. This technology supports the daily supply of produce for an estimated 40 million people. The company's total funding now exceeds €52 million over five years, reflecting strong investor confidence in its growth potential and mission to sustainably feed the world. This investment highlights the increasing reliance on AI to address challenges in agriculture, particularly in areas like land and water management. Source.ag's focus on practical AI solutions provides growers with tools for precise forecasting and autonomous crop management. The success of Source.ag, and other AgriTech startups, positions Europe at the forefront of innovation in sustainable food production.
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