Spherag

spherag.com ↗ ·Zaragoza ·Seed

Spherag (legal entity Spherag Teck IoT SL) is a Spanish agritech company that builds IoT hardware and a cloud platform for smart water and irrigation management, letting farmers, irrigation communities and urban water operators monitor, program and automate irrigation remotely in real time via autonomous solar-powered devices such as its ATLAS X range. Founded in 2020 and headquartered in Zaragoza, it raised a ~€3M Series A in 2022 led by Ship2B Ventures (BSocial Impact Fund), Bonsai Partners and BayWa Venture. The company reports 20,000+ connected devices and customers across 30+ countries, and holds ISO 9001/14001/27001 and ENS certifications.

Founded
2020
Founders
2
Total funds raised
€3.3M
Rounds
2
Investors
9
Last round
Oct 2022
SectorsAgtech, IoT, Water Management, Sustainability, Precision Agriculture Start-up MapFoodtech & Agtech › Farm management & monitoring

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Founders

Jesús Ibáñez
Founder & CEO
Jesús María Ibáñez
Founder & CEO

Global models 5

Semios
Canada · semios.com ↗
Sells in-field IoT sensor networks plus a subscription cloud platform that growers use to monitor and remotely control irrigation, frost and pest decisions, the same hardware-plus-SaaS model as Spherag.
~$150MComparable
CropX
Israel · cropx.com ↗
Combines solar-friendly soil sensors with a cloud agronomic platform that tells farmers when and how much to irrigate, a close match to Spherag's connected-device and water-management subscription model.
~$75MComparable
Arable
United States · arable.com ↗
Sells solar-powered, cellular-connected field devices with a SaaS analytics platform for irrigation and crop management, the same autonomous-device-plus-cloud model Spherag uses.
~$55MComparable
SupPlant
Israel · supplant.me ↗
Uses plant and soil IoT sensors plus an AI cloud platform to give growers real-time irrigation recommendations and schedules, monetised through hardware and subscriptions like Spherag.
~$40MComparable
Phytech
Israel · phytech.com ↗
Installs plant-level IoT sensors connected to a cloud app that tells farmers how to manage irrigation remotely, sold to growers on a device-plus-subscription basis like Spherag.
~$40MComparable

In the same niche 23 others

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Notes: Most funded first

Investors 9

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Funding rounds 2

DateRoundAmountLead

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