Finches raises €2M to predict food supply chain risks
Agritech startup Finches just secured €2 million in pre-seed funding to expand its supply risk prediction platform for food producers. Its software analyzes everything from weather data to supplier contracts, aiming to warn companies earlier when crops might become scarce or disrupted. Backers include High-Tech Gründerfonds, Vanagon Ventures, and Bayern Kapital. The money will go toward speeding up product development and hiring more sales staff.
- €2M pre-seed led by HTGF and Vanagon Ventures
- Platform spots risks in agricultural supply chains early
- Uses data from weather, satellites, procurement systems
- Early adopters include a Fortune 500 food company
- Funding will speed up product development and sales
Sources covering this
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