Navarre soil-sensor company DENODL opens €600,000 crowdfunding round on SEGO Venture

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DENODL, a Navarre company that makes soil probes and an AI platform turning their readings into advice for each user, has opened a €600,000 crowdfunding round on SEGO Venture, the start-up investment platform of Grupo SEGOFINANCE. Within 48 hours it had more than 90% of the target, which for crowdfunding is roughly where the crowd becomes a queue.

The money is for a new product and North America, which the company calls strategic. DENODL reports more than 200 active clients, 1,500 probes installed and a presence in 14 countries, across agriculture, sports turf and gardening.