HEMAV
Overview
HEMAV is a Spanish company that specializes in utilizing advanced drone and artificial intelligence technologies to enhance agricultural productivity. Founded in 2012 by Alex Gomar Manresa and Xavier Silva García, the company is headquartered in Sant Joan Despí, Barcelona, Spain. HEMAV has raised a significant amount of funding over the years, attracting investments from major funds such as Future Food Fund, PureTerra Ventures, and Inclimo. As of 2024, it has raised approximately $12.7 million to further its mission to advance sustainability and efficiency in agriculture.
Recent Developments
- December 2024: HEMAV secured €8 million in a recent funding round led by sustainability-focused investors like Future Food Fund, PureTerra Ventures, and Inclimo. This investment is intended to enhance their SaaS platform, LAYERS, expand global reach, and drive sustainability in agriculture through AI-driven solutions.
- 2024: The company expanded its operations, digitizing 9.2 million hectares of farmland across 24 countries. This expansion aims at providing predictive insights to agriculturalists, helping to reduce input costs and improve yield predictions.
- January 2023: HEMAV launched advanced AI capabilities in its LAYERS platform, allowing for precise crop prediction models that support sustainable agricultural practices, including zero-deforestation initiatives and efficient irrigation techniques secured through blockchain technology.
- 2023: Major milestones included the launch of the CROP MASTERS initiative, which provides consultancy and training to tackle regional agricultural challenges through tailored AI solutions.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2012 |
| Headquarters | Sant Joan Despí, Barcelona, Spain |
| Founders | Alex Gomar Manresa, Xavier Silva García |
| Revenue | $7.1 Million |
| Profits | Not publicly disclosed |
| Key Investors | Future Food Fund, PureTerra Ventures, Inclimo |
| Industry | AgTech, AI, Drone Technology |
| Number of Employees | 71 |
Early History
HEMAV was established in 2012 and became the first company to occupy the European Space Agency incubator in Castelldefels. Initially, HEMAV focused on developing drone technology for various sectors, including agriculture, industrial inspection, and audiovisual productions. Combining aerospace engineering expertise with agricultural sciences, the company quickly carved out a niche in precision agriculture. By leveraging drones to capture high-resolution images and data, HEMAV aimed to provide actionable insights into crop management, thus enhancing both efficiency and productivity.
Company Profile and Achievements
HEMAV has positioned itself as a leader in precision agriculture through its SaaS platform, LAYERS, which leverages AI to offer customized agronomic models. Key achievements include:
- Expansion to Global Markets: Operating in 24 countries and providing insights over vast hectares of farmland.
- Significant Funding Rounds: Over $12.7 million raised to advance its AI-driven agricultural technology.
- Product Innovation: Launched satellite and drone-based monitoring systems that optimize water usage and forecast yields with an impressive 96% accuracy.
- Strategic Initiatives: Implemented the CROP MASTERS initiative to offer tailored consultancy services that address region-specific agricultural challenges.
Current Operations and Market Position
Currently, HEMAV operates primarily in the agriculture sector, providing precision insights that help farmers and agricultural businesses optimize resource use, enhance crop yields, and implement sustainable practices. It employs innovative technologies such as AI, drones, and satellite imagery to process and analyze data that supports climate-resilient farming. HEMAV’s LAYERS platform is central to its operations, offering predictive analytics, digitized land management, and sustainability reporting. The company's strategic initiatives to integrate blockchain solutions for traceability further bolster its position as a forward-thinking leader in AgTech.
Conclusion
HEMAV stands out in the AgTech industry for its innovative use of AI and drone technology to address critical issues such as sustainability, food security, and resource optimization. As it continues to expand its global presence and enhance its platforms, HEMAV has the potential to significantly impact the agricultural sector by promoting efficient and environmentally friendly agricultural practices. With continued investment and a strong commitment to innovative solutions, HEMAV is poised to play a pivotal role in shaping the future of global agriculture.