Tech Company Financing Transactions

xFarm Technologies Funding Round

xFarm Technologies, based in Manno, Ticino, raised $39 million from Partech Partners, Mouro Capital and Swisscom Ventures.

Transaction Overview

Company Name
Announced On
10/9/2024
Transaction Type
Venture Equity
Amount
$39,000,000
Round
Series C
Investors
Proceeds Purpose
The company intends to use the funds to consolidate its position in Europe and accelerate its expansion throughout the rest of the continent, as well as in LATAM, India, Turkey, and the US, where it has already started to strengthen its presence through new hiring and strategic partnerships.

Company Information

Company Status
Private & Independent
Industry
AgTech
Mailing Address
Via Cantonale 18, Suglio
Manno, Ticino, 6928
Switzerland
Email Address
Overview
xFarm was born out of founder Matteo Vanotti's need to use a digital service to digitally manage the agricultural company that he runs with his brothers in a simple and efficient manner. The platform that was created proved to be so promising that it pushed him to create xFarm together with Salvatore Ferullo, the Company's CEO, and Martino Poretti, head of Research and Development.
Profile
xFarm Technologies LinkedIn Company Profile
Social Media
xFarm Technologies Company Twitter Account
Company News
xFarm Technologies News
Facebook
xFarm Technologies on Facebook
YouTube
xFarm Technologies on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Matteo Vanotti
  Matteo Vanotti LinkedIn Profile  Matteo Vanotti Twitter Account  Matteo Vanotti News  Matteo Vanotti on Facebook
Chief Financial Officer
Giuseppe Manzione
  Giuseppe Manzione LinkedIn Profile  Giuseppe Manzione Twitter Account  Giuseppe Manzione News  Giuseppe Manzione on Facebook
Chief Technical Officer
Salvatore Ferullo
  Salvatore Ferullo LinkedIn Profile  Salvatore Ferullo Twitter Account  Salvatore Ferullo News  Salvatore Ferullo on Facebook
VP - Marketing
Nicolò Barbano
  Nicolò Barbano LinkedIn Profile  Nicolò Barbano Twitter Account  Nicolò Barbano News  Nicolò Barbano on Facebook


 

 

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We do our best to document all VC transactions involving tech companies. All VC database entries reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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