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§ Private Profile · Mohali, Punjab, India
Deep-tech solutions provider offering AI-based quality assessment for agricultural commodities, serving agribusinesses.
AgNext Technologies is a Chandigarh, India-based agricultural technology company that provides artificial intelligence and IoT-based solutions for the instant quality assessment and traceability of food commodities. The enterprise utilizes computer vision and spectroscopy hardware to digitize supply chains for agribusinesses processing grains, spices, dairy, animal feed, and tea across domestic and international markets. Operating with an estimated 100 to 250 employees, the business has processed approximately three million food samples to develop its proprietary Qualix platform and currently holds eight published patents. AgNext Technologies has raised $21 million in Series A funding to expand its operations into the Middle East and Southeast Asia, backed by institutional investors including Alpha Wave Incubation, Omnivore, and Kalaari Capital. Initially incubated at the accelerator of IIT Kharagpur, the company was founded in 2016 by Taranjeet Singh Bhamra, Mrigank Sharad, and Sparsh Kaur.
AgNext Technologies has raised $23.0M across 2 funding rounds.
AgNext Technologies has raised $23.0M in total across 2 funding rounds.
AgNext Technologies has raised $23.0M across 2 funding rounds. Most recently, it raised $21.0M Series A in August 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Aug 19, 2021 | $21M Series A | Falcon Edge Capital | Kalaari Capital, Omnivore | Announced |
| Jan 22, 2019 | $2M Seed Plus | Vani Kola | Mark Kahn | Announced |
AgNext Technologies has raised $23.0M in total across 2 funding rounds.
AgNext Technologies's investors include Falcon Edge Capital, Kalaari Capital, Omnivore, Vani Kola, Mark Kahn.