Farmcontrol has become an integral part of Portugal Ventures’ portfolio. The investment of the Public Risk Capital will be directed to the equipment development and internationalization. Celso Guedes de Carvalho, Portugal Ventures CEO, underlines “the team experience and the commercial validation that already obtained, with the integration of more than 100 farms in six different countries ”.
António Correia, Farmcontrol CEO and founder explain: “In these new financing round we needed an experienced and professional partner, but also of proximity. Portugal Ventures was so a natural choice and it entrance a fundamental step to the project. During our conversations, we have learned a lot about attracting investment process and the validation of our business plan. Now we are, certainly, more prepared to consolidate and expand the project across borders”.