What is Hortau?
Founded in 2002, Hortau addresses critical challenges in modern agriculture by offering advanced irrigation management and automation systems. Their proprietary technology utilizes soil tension to detect plant stress, enabling growers to ensure optimal crop development. This precise approach not only enhances yields but also significantly reduces water and energy consumption, contributing to more sustainable farming practices and mitigating environmental impact. The company's solutions are designed for broad applicability across various agricultural sectors.
How much funding has Hortau raised?
Hortau has raised a total of $61M across 8 funding rounds:
Private Equity
$3M
Unspecified
$3.5M
Unspecified
$5M
Unspecified
$10M
Corporate Investment
$5.9M
Other Financing Round
$5.9M
Private Equity
$20M
Debt
$7.7M
Private Equity (2013): $3M with participation from Avrio Ventures Ltd.
Unspecified (2014): $3.5M led by Avrio Capital
Unspecified (2015): $5M, investors not publicly disclosed
Unspecified (2016): $10M featuring BDC Capital, Capital regional et cooperatif Desjardins, Advantage Capital, and Avrio Ventures Ltd.
Corporate Investment (2018): $5.9M backed by Sustainable Development Technology Canada
Other Financing Round (2019): $5.9M with participation from Sustainable Development Technology Canada
Private Equity (2019): $20M, investors not publicly disclosed
Debt (2020): $7.7M supported by Lewis & Clark AgriFood
Key Investors in Hortau
Sustainable Development Technology Canada
Sustainable Development Technology Canada (SDTC) is a foundation based out of Ontario, Canada, focused on accelerating the development and deployment of globally clean technology solutions.
Avrio Capital
Avrio Capital is a firm specializing in providing debt financing solutions for dynamic food and agriculture companies, supporting growth initiatives and cross-border ventures.
BDC Capital
BDC Capital provides supplemental financing and financial services to growing companies, offering equity investments, loans, and guarantees.
What's next for Hortau?
The recent major strategic investment in Hortau signals a strong confidence in the company's technology and its potential for scalable growth. This influx of capital is likely to fuel further research and development, expand market reach, and enhance operational capabilities. As agriculture continues to face pressures from climate change and resource scarcity, Hortau's innovative solutions position it as a key player in driving efficiency and sustainability. The company's trajectory suggests a focus on solidifying its market leadership and potentially exploring new technological integrations to further support the global agricultural community.
See full Hortau company page
