FarmTrace Secures Funding to Expand Precision Farming Solutions in South Africa

Must Read

FarmTrace has announced raising an undisclosed amount of funding. The South African agritech startup said that it will use this investment to grow and improve customer success. It named Secha Capital and Hassium Capital as its latest creditors.

The startup is a provider of project management solutions. Founded in 2015, it covers several activities from product customisation to their implementation as well as research and development.

FarmTrace says that the funding will help it continue empowering its clients and increase their profit. It is also focused on increasing exports, local employment and food waste reduction through precision farming.

FarmTrace founder and CEO Jacques du Plessis.

According to founder and CEO Jacques du Plessis, there is a long back-log of farms interested in using the company’s solutions. The capital will help accelerate growth, meet the needs of more farmers, and hire more “software developers, engineers, project managers and implementation consultants.

Obinna Onwuasoanya
Obinna Onwuasoanya
Obinna Onwuasoanya is a tech reporter of over five years, fiction writer, SEO expert and an editor. He is based in Lagos, Nigeria, and was previously shortlisted for the Writivism Short Story Prize 2018.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More Articles Like This

Latest News

Belarus To Strengthen Agricultural, Educational Partnership With Nigeria

News in Brief: - Belarus seeks to strengthen its partnership with Nigeria in agriculture, food processing, industry, and education sectors. -...

Subscribe

  • Gain full access to our premium content
  • Never miss a story with active notifications
  • Browse free from up to 5 devices at once