Hemav Tecnology S.L.
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Hemav Tecnology S.L. - overview
Established
2012
Location
Madrid, -, Spain
Primary Industry
Aerospace
About
Based in Spain, Hemav Tecnology S. L. is a software company specializing in AI-driven solutions for yield prediction and operational optimization in agriculture, aimed at enhancing efficiency and productivity for agribusinesses. Hemav Tecnology S.
L. , founded in 2012 and headquartered in Madrid, Spain, focuses on developing advanced agricultural technology solutions. The company has raised EUR 8. 00 mn in funding from notable investors including Future Food Fund, Inclimo, and PureTerra Ventures.
CEO Xavier Garcia has led the firm since its inception, contributing to its growth and strategy. Hemav has completed two funding rounds to date, with the most recent deal occurring on December 9, 2024. Hemav Tecnology S. L.
offers the LAYERS platform, an AI-powered tool designed for yield prediction and operational optimization in the agricultural sector. Key features include the LAYERS Crop Predictor and Crop Optimizer, utilizing data from satellite imagery, IoT sensors, and meteorological reports to provide accurate crop forecasts and actionable insights for agribusinesses globally. In the most recent fiscal year, Hemav Tecnology S. L.
reported a revenue of EUR 603,760. 40, with an EBITDA of EUR -845,443. 20, reflecting its ongoing investment in technology development within the agricultural industry. In December 2024, Hemav Tecnology S.
L. secured EUR 8. 00 mn in funding to enhance its business platform targeting the agricultural sector. The company aims to accelerate technological advancements and support local farmers.
Future plans include expanding into new geographical markets, with specific targets and product launches expected in the upcoming fiscal years.
Current Investors
Scranton Enterprises BV, PureTerra Ventures, Future Food Fund
Primary Industry
Aerospace
Sub Industries
Application Integration Software, Analytics & Performance Software, Agribusiness
Website
www.hemav.com
Verticals
Agtech, Artificial Intelligence, Cloud Computing
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
Hemav Tecnology S.L. - financials
| Fiscal Year Ended | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 588,188.5 | 1,293,940.5 | 2,643,359.6 | 2,412,460.6 | 1,084,666.8 | 528,683.5 | - | - | - |
| % Revenue Growth (YoY) | - | 120.0% | 104.3% | (8.7%) | (55.0%) | (51.3%) | - | - | - |
| EBITDA (USD) | 12,635.5 | (511,400.8) | (1,707,638.2) | (1,242,363.4) | (1,008,642.9) | (740,313.4) | - | - | - |
| Operating Income (USD) | (20,807.9) | (612,992.4) | (2,004,299.5) | (1,642,416.6) | (1,431,319.5) | (1,238,464.8) | - | - | - |
| Operating Margin | (3.5%) | (47.4%) | (75.8%) | (68.1%) | (132.0%) | (234.3%) | - | - | - |
| % EBITDA Margin | 2.1% | (39.5%) | (64.6%) | (51.5%) | (93.0%) | (140.0%) | - | - | - |
| NET Income (USD) | (30,190.9) | (431,756.8) | (1,370,302.7) | (1,171,122) | (1,319,176.7) | (902,032.5) | - | - | - |
| % Net Margin | (5.1%) | (33.4%) | (51.8%) | (48.5%) | (121.6%) | (170.6%) | - | - | - |
Hemav Tecnology S.L. - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Board Member & Founder of Bamboo Energy | BM |
BM Board Member
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