ForFarming, which integrates into agricultural facilities within minutes to optimize production processes, secured this investment at a $3.2 million valuation.
With its developed algorithm and extensive data pool, ForFarming makes agricultural production far more efficient worldwide in a matter of minutes. The investment round, led by TechOne VC and Bilişim Vadisi GSYF (APY Ventures) with participation from Korun Teknoloji, Kerim Kotan, and Yalın Karadoğan, marks a significant milestone for ForFarming, which has already begun collaborating with major companies such as Getir and Carrefour in Turkey. With this new investment, the company aims to continue its global success.
“ForFarming brings a new perspective to traditional farming methods with Farmio—processing big data to suggest the most efficient production conditions and eliminating many problems of conventional agriculture.”
Farmio seamlessly integrates with agricultural facilities anywhere in the world, and alongside its traceable agriculture product Trusty, which provides information on where, by whom, and when agricultural products are produced, ForFarming ensures transparency between producers and consumers, so that people can confidently know everything about the food they consume.
Managed More Than 70 Production Facilities in 1 Year
In just one year, ForFarming has managed over 70 production facilities across eight countries, including the United States, Canada, Germany, and Spain, after transitioning entirely to a SaaS model in its previous investment round. Trusty not only helps optimize production processes but also streamline procurement and sales, and in the past three months alone, rapid growth has enabled approximately 150,000 packaged products to gain shelf presence through its traceable agriculture technology. With an average monthly growth rate of 40%, ForFarming now aims to extend its technology to numerous production facilities globally—primarily in the United States and Europe—positioning itself as one of the pioneering brands in smart agriculture.
“We Want to Lead the Sector with Our Smart Agriculture Technology”
Levent Atlas, founder of ForFarming; “When we say technology in agriculture, we usually encounter technologies that depend on hardware products, and since hardware products are expensive in the agricultural sector, it is very difficult for technology to meet with the producer. We bring a new perspective and make technology much more accessible to producers with our hardware-independent software modules, where the entire process is managed by software, which has not been tried before. In this way, we have achieved rapid growth and received positive feedback from our customers. With this investment round, we want to continue our success by reaching more producers in the global market.”
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