Weitec — Pre-seed (estimated) · €365K

Weitec, a University of Alicante Scientific Park spin-off building drone- and sensor-based precision agriculture for farms of 1-10 hectares, closed its first investment round at €365K, well above its original €250K target. Backers were strategic industry partners rather than VCs; the company said it planned an MVP launch in summer 2024 and a second round in Q1 2025.