Utrecht-based Sensoterra, a water technology company, announced on Tuesday that it has raised €1M in funding from Future Food Fund and the Regional Development Agency (ROM) Utrecht Region.
The Dutch company says it will use the funds to expand its water management smart soil sensors for agriculture and horticulture, smart city management, and water governance.
CTO and Co-CEO at Sensoterra, Ellery Rijkaart, says, “With the funding, we will be able to focus our efforts on scaling up sales efforts and product development activities to build even better solutions, saving more water, and realising higher yields.”
What does Sensoterra solve?
Sensoterra reveals that around 70 per cent of freshwater globally is used in agriculture, and 40 per cent of that is wasted due to over-irrigation and pollution.