Ukrainian AgroTech startup FarmFleet raises $550,000.

FarmFleet, a Ukrainian company engaged in the optimization of agribusiness and the development of unmanned aerial vehicle technologies, announced the successful completion of a round of pre-seed financing and attracting investments in the amount of $550,000, which established the company’s market valuation at $3.7M.

“Today we are entering the US market, our first international market, where we will gain valuable scaling experience and American agribusiness experience and combine it with our zeal and speed of technology adaptation in the Ukrainian agricultural sector,” wrote founder Valery Yakovenko.

According to him, Ukraine is a development driver in the field of agricultural robotics and the largest market for the use of agricultural innovations in Europe, even during the war.