ForFarming, which enhances production processes by integrating into agricultural facilities within minutes, has secured an investment at a $3.2 million valuation.

22.03.2022
Yatırımlar
Meryem Miray Bilgen
Marketing
ForFarming, which enhances production processes by integrating into agricultural facilities within minutes, has secured an investment at a $3.2 million valuation.

ForFarming Secures $450K Investment at a $3.2 Million Valuation

ForFarming, an AgriTech startup that enhances agricultural production by integrating into facilities within minutes, has raised $450,000 in funding at a $3.2 million valuation.

The round was led by TechOne VC and APY Ventures (via Bilişim Vadisi GSYF), with participation from Korun Teknoloji, Kerim Kotan, and Yalın Karadoğan.

Leveraging its proprietary algorithm and extensive data pool, ForFarming enables agricultural facilities worldwide to integrate its system within minutes, significantly improving production efficiency. The company has already started working with major clients in Türkiye such as Getir and Carrefour, and aims to replicate this success globally with the new investment.

Transforming Agriculture with Farmio

ForFarming’s core product, Farmio, processes large-scale agricultural data to recommend the most efficient production conditions, addressing many challenges associated with traditional farming methods. Its rapid integration capability allows it to be deployed in agricultural facilities anywhere in the world within minutes.

In addition, the company offers Trusty, a traceability solution that provides detailed information about where, when, and by whom agricultural products are produced. This ensures transparency between producers and consumers, enabling more informed and confident consumption.

Strong Global Traction

After transitioning fully to a SaaS model in its previous funding round, ForFarming has integrated its technology into over 70 facilities across 8 countries, including the United States, Canada, Germany, and Spain, within just one year.

Beyond production optimization, Trusty also supports supply chain and sales processes, helping maintain transparency throughout the agricultural ecosystem. In the last three months alone, approximately 150,000 packaged products have reached shelves with traceability enabled by ForFarming’s technology.

With an average monthly growth rate of 40%, the company aims to expand further—particularly in the U.S. and Europe—and position itself as a leading global brand in smart agriculture.

“We Aim to Shape the Future of Smart Agriculture”

Founder Levent Atlas emphasized that traditional agricultural technologies are often hardware-dependent and costly, limiting accessibility:

“We are introducing a new perspective by managing the entire process through software, independent of hardware. This makes technology far more accessible for producers. With this approach, we’ve achieved rapid growth and strong customer feedback. With this investment, we aim to reach more producers globally and continue our success.”

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