What is Source?
Source.ag is an agricultural technology firm specializing in foliar spray solutions designed to enhance nutrient efficiency. Their core technology focuses on fixing nitrogen and unlocking phosphate throughout the growing season, aiming to improve crop yields and reduce reliance on traditional fertilizers. This approach positions Source.ag as a key player in sustainable agriculture, addressing critical needs for increased food production and environmental stewardship.
How much funding has Source raised?
Source has raised a total of $54.5M across 4 funding rounds:
Unspecified
$10M
Series A
$23M
Other Financing Round
$4M
Series B
$17.5M
Unspecified (2022): $10M with participation from Astanor Ventures, Harvest House, E14 Fund, Agro Care, Acre Venture Partners, and Rainbow Growers
Series A (2023): $23M led by Acre Venture Partners and Astanor Ventures
Other Financing Round (2023): $4M supported by E14 Fund and SK Networks
Series B (2025): $17.5M featuring Enza Zaden, Astanor Ventures, and Harvest House
Key Investors in Source
Acre Venture Partners
Acre Venture Partners is a venture capital firm focused on driving fundamental change in food and agriculture, investing in companies that promote a sustainable food system and address human and environmental health challenges.
Astanor Ventures
Astanor Ventures is dedicated to transforming the agrifood system by fostering innovation and impact, supporting businesses that promote sustainability, health, and equity within the global food system.
Enza Zaden
Enza Zaden is a vegetable breeding company that develops organic and non-organic vegetables and fruit seeds, contributing to the agricultural supply chain with innovative seed solutions.
What's next for Source?
With substantial enterprise-level backing, Source.ag is poised for significant scaling and further innovation. The company's trajectory, marked by successive funding rounds including Series A and Series B, indicates a strong market validation and investor confidence. This capital infusion will likely fuel expansion into new markets, accelerate research and development for advanced agricultural technologies, and strengthen strategic partnerships. The focus on nutrient efficiency and sustainable farming practices aligns with global trends towards more resilient and environmentally conscious food systems, suggesting a promising future for the company's growth and impact.
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