[Press Release] Sagri raises approximately 1 billion yen in Series A funding *Saguri*
Press release: August 8, 2024
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Sagri raises approximately 1 billion yen in Series A funding *Expand business to private companies, including farmland matching business and decarbonization business. We will actively recruit product engineers and personnel to expand our R&D organization and strengthen our management system. *
Sagri Co., Ltd. (Head office: Tamba City, Hyogo Prefecture,
Representative Director: Tsuboi
Shunsuke (hereinafter “Saguri”) is a member of multiple funds managed by Chiba Dojo Co., Ltd., Global Brain Co., Ltd., Sparkle Co., Ltd., SMBC Venture Capital Co., Ltd., Shizuoka Capital Co., Ltd., Aozora Corporate Investment Co., Ltd., and BIG
Funds managed by Impact Co., Ltd., Ikeda Senshu Capital Co., Ltd., Hokkaido Venture Capital Co., Ltd., Rheos Capital Partners Co., Ltd., Globis Co., Ltd., etc., and Mercari founder
Ryo Ishizuka, Founder of SmartHR / CEO of Nstock
We raised approximately 1 billion yen through a third-party allotment of capital to angel investors such as Noboru Miyata.
■The importance of satellite analysis technology in climate change countermeasures and agriculture
As the effects of climate change become more serious, there is an urgent need to achieve carbon neutrality and promote sustainable agriculture. The agricultural sector is also an important source of greenhouse gas (GHG) emissions. In particular, nitrous oxide (N2O) from the use of fertilizers in agriculture and methane gas generated from rice fields are major sources of emissions and are a serious problem.
Reducing these emissions requires reducing fertilizer usage and environmentally friendly water management. This is expected to reduce greenhouse gas emissions in the agricultural sector and contribute to global climate change mitigation. In recent years, advances in satellite analysis technology have improved agricultural management and monitoring, accelerating efforts to reduce greenhouse gas (GHG) emissions.
Sagri uses AI to analyze satellite data and other remote sensing data, making it possible to analyze farmland cultivation status, cropping status, soil analysis, water management status, etc. with high precision. This is expected to help establish an agricultural production base, promote decarbonization, and realize a shift to sustainable agricultural production.
*Carbon neutral: Carbon neutral means reducing and absorbing GHG emissions from human activities to virtually zero.
■The future that Sagri aims for
Food security and climate change countermeasures are important fields that are directly linked to solving the problems of humanity and the earth.
Until now, Sagri has provided farmland management support solutions “Aktaba”, “Detaba”, and “Ninataba”, and agricultural field management support solution “Sagri”, but in the future, we will expand our business through farmland matching and decarbonization projects for private companies. We would like to move forward and create a future where humans and the earth can coexist.
The funds raised this time will be used not only for products such as decarbonization projects, but also for further accelerating
recruitment, strengthening product engineers and R&D organizations, and building a global organizational structure.
Sagri employee group photo
-Recruitment information-
* Sagri is recruiting in all areas! *
*Please take a look at the recruitment page below! *
* ▶︎* * Click here for the recruitment page*
* ▶︎* * Click here for Sagri’s blog* ■*Comments from each investor*
* ■Comment from the representative*
■About Sagri Co., Ltd.
We are a Gifu University startup founded in Hyogo Prefecture in 2018 with the vision of “realizing coexistence between humanity and the earth.” Our core technology is the analysis of satellite data using AI technology, and we aim to solve environmental and social problems under our mission of “creating value by visualizing farmland.”
For overseas business, we have local subsidiaries in Singapore and India, and for demonstration and business development, we are expanding to India, Vietnam, Thailand, Bangladesh, Kenya, Tanzania, Peru, and Brazil. He has received numerous awards, including the Prime Minister’s Award at the 6th Space Development and Utilization Awards.
-Company Profile-
Head office address: 725-1 Tokaku, Hikami-cho, Tanba City, Hyogo Prefecture Representative: Shunsuke Tsuboi
Date of establishment: June 14, 2018
Homepage: https://sagri.tokyo/
Recruitment page: *Sagri recruit page*