Farm21 secured Rabobank AIL funding

Now its getting serious. After spending a year developing the platform, we have now secured new funding to scale our business.

The AIL (Achtergestelde Innovatie Lening) is a special loan for innovative companies in the following categories:

  • Circulair economy
  • Food
  • Renewables
  • Vitality

We obviously contribute to the global food production with our smart farming platform. As a bank that started initially as a farmer cooperation, the Rabobank was a great fit for us.

We will use the loan to develop the next version of our sensor, implement the first AI algorithms and setup our sales team. Stay tuned for more exiting updates!

We celebrated this victory with cake 🙂