Agritech Startup Barton Breeze Raises $8,00,000 In Pre-Series A Funding
Barton Breeze, a Gurugram-based agritech startup, has raised $800,000 (around Rs 6.6 crore) in a pre-Series A funding round from a clutch of several angel investors.
Angel investors, including Neeraj Kumar (DSK Legal), Rajeev Bairathi (Ex-Knight Frank), Manish Agarwal and Umang Agarwal (KTL Automotive) and Shishir Poddar (Tridents group), among others, also participated in the round.
As per the startup, the freshly raised funds will be used for expansion with the introduction of 20 more SKUs into their FMCG range alongside further growth of their farms across the Delhi National Capital Region (NCR).
Barton Breeze | Commercial Hydroponic Farm Experts
Founded by Shivendra Singh and Gaurav Rai Chawla in 2018, Barton Breeze is an agritech startup that combines sustainable technology and modern farming techniques to create highly productive models for the new-age farmer.
Growing crops through hydroponics, the agritech startup provides end-to-end farm management solutions and executes projects on a turnkey basis.
The Gurugram-based agritech startup claims to grow, package, and supply more than 40 varieties of crops. Barton Breeze also produces value-added products, such as ready-to-eat salad boxes, dips, and oils, available at online marketplaces and retail stores across Delhi NCR.
Barton Breeze has a footprint in 3 countries with more than 100000 Sq ft of Hydroponic & Aeroponic farms, producing more than 500000 kilos of food every year.
The startup aims at achieving its mission of making delicious nutritious food accessible and cheaper to all customers without compromising on quality or reducing its commitment towards environment-driven development or sustainable agriculture business practices.
The state of the Indian agritech sector has improved over the years. And with the integration of more advanced technologies, agritech startups offering disruptive services are slowly gaining acceptance from farmers.
In the last four years, agritech startups in India raised around Rs 6,600 crore in funding from private equity investors, as per Economic Survey 2022-2023. India’s agritech sector is likely to grow in scale and will have 8-10 startups with more than a billion dollars in value each over the next five years, highlighted a recent report by Avendus Capital.
Earlier in January, agritech startup MeraTractor, offering a phygital marketplace catering to farm mechanization products, raised Rs 5 crore in funding. Also, Bengaluru-based agritech firm Cropin Technologies raised Rs 113 crore ($13.7 million) in funding.
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