HTP resident OneSoil raises $5 million

29 April 2021

Hi-Tech Park resident OneSoil received $5 million of foreign investment. The startup develops applications that allow farmers to remotely monitor crops and increase the efficiency of farms.

OneSoil raised $ 4 million from international venture capital fund  Almaz Capital headquartered in Silicon Valley (the USA). Another $ 1 million came from the Hungarian venture capital firm PortfoLion. The deal took place within the Swiss jurisdiction where the startup's head office is located.

 “We plan to enter new markets and reinforce the importance for international community. To move faster down this path, we will hire tech and marketing professionals in Europe and the CIS, and we’re looking for consultants and business partners in the field of agronomy in North and South America. These regions are of particular interest to us, so we want to understand better the needs and priorities of local farmers,” says Slava Mazai, CEO at OneSoil.

This is not the only investment round for OneSoil. The total funding for OneSoil amounted to $ 6.7 million since 2017.

OneSoil joined HTP in 2018. The startup develops applications that allow farmers to remotely monitor crops and increase the efficiency of farms. Today 5% of the world’s total arable land is registered in OneSoil applications. More than 200 thousand farmers and agricultural consultants from 180 countries regularly use the OneSoil mobile and web application. The company provides statistical and analytical information to agribusiness upon request.

Kuprevicha, 1/1, 220141, Minsk, Belarus.