Venture Capital

Irish Agritech Company Maggrow Raises €6M For Crop-spraying Tech

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Dublin-based agritech business MagGrow has raised €6m in a Series A round of funding. The round was led by Astanor Ventures, with participation from investors such as WakeUp Capital and a number of existing shareholders. MagGrow, which develops crop-protection tech, was founded in 2013 at NovaUCD. It now has a team of more than 30 people, with operations in Europe, the US, Canada, Australia and more. This Series A round brings the total raised by the company to €18m. Gary Wickham, co-founder and CEO of MagGrow, said that the new investment can “position the company for rapid growth”.

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