Farmcontrol has been increasing its notoriety through a strong investment in Research and Development, namely in the development of a property software and its compatibility with different hardware suppliers. The clients contribution has been fundamental for us to serve more, better and adjusted to each client’s specific necessities. The entry of a new strategic partner allows us to leverage Farmcontrol’s development and growth in short and mid-term periods.
After Portugal Ventures’ bet and support our project, Sírculo Investimentos joins as a new partner. This will allow the reinforcement of the commercial team, the entry into new markets and the maintenance of the solution development as confidence coadjuvant to the farms responsibles. António Correia, Farmcontrol CEO, explains: “There was already a established relationship of trust and respect between us, that is now consolidated with this common project. Sírculo will certainly bring a strategic added value, mostly in the field of Iberian Pig production, which they lead in Portugal.”
Sírculo Investimentos is an holding that acts in several areas. Its livestock farming activity focusses mainly in the production of Iberian Pig, but also in cattle farming, fruticulture and viticulture. Part of its goals includes the investment in high potential projects that apply technology and innovation to Sírculo’s action fields, as Farmcontrol does with livestock farming.
Carlos Silvestre, President of Sírculo Group, says that: “The Group has confidence that the future of agriculture development depends on technologic tools. For this reason, this bet show conditions for achieving success”, and adds: “Since the first moment we had contact with the project, we thought that we could contribute, with our experience in the field, to the development of new solutions to increase farms’ rentability. Our expectations are high at the moment and, in case they are achieved, we may consider other level of participation.”
Farmcontrol was founded in 2014 and our solution is currently present in more than 100 pig, poultry and cattle farms in 6 different countries. Farmcontrol team combines experience in livestock farming with software development, offering solutions adapted to producers.
About Sírculo Investimentos:
Sírculo is a diversified holding, mainly connected to the first and second sectors through a group of reference companies, acting in the fields of livestock farming, patrimony management and real estate investment.
About Portugal Ventures:
Portugal Ventures is a venture capital society that invests in the seed phase of Portuguese startups in the areas of technology, tourism and life sciences. It runs 213 million on assets through 19 venture capital funds, having been considered in 2017, by CB Insights, the most active venture capital in Portugal.