We are pleased to announce an investment of €400,000 from Uni.Fund II, which will be used to further develop our AI solutions in agriculture and to expand into the European market.
This investment strengthens our mission to help producers tackle plant diseases and reduce the costs of fertilizers and pesticides.
EdenCore was founded in 2021 as a spin-off of the Agricultural University of Athens by Ph.D. candidate Nikos Mylonas and Professor Spyros Fountas, with the vision of creating a product that would make farmers’ daily lives easier while reducing waste in the use of agricultural supplies and labor hours. “We are in contact with farmers daily and understand the challenges they face, so the idea of producing more with less is now crucial. With the Viewer, we aim to help farmers reduce the costs and risks of cultivation by providing a tool for monitoring and smart management of production,” said Mr. Mylonas.
The “Viewer” is a system equipped with cameras and image analysis technology to monitor the health and productivity of crops. It is designed to withstand field conditions and is mounted on tractors, operating simultaneously with fieldwork. By using it, producers reduce annual pesticide and fertilizer use by up to 25%, while the production forecasting models provide an accurate estimate of the final yield with over 90% accuracy, even three months before harvest. The company already has a network of representatives in Greece and abroad, with markets including Germany, Spain, France, and Chile. Additionally, it is completing its second year of collaboration with the American company John Deere, where they are developing a comprehensive vineyard monitoring solution using the Viewer on modern tractors.
Dora Trachana, Partner at Uni.Fund VC, stated about the investment: “Our investment in EdenCore sends a clear message about the importance of Precision Agriculture and the pivotal role that technology plays in transforming the primary sector. By utilizing innovative solutions, we promote high-quality production with reduced fertilizer use, supporting both sustainability and efficiency. The strong research and technological foundation of the EdenCore team was a decisive factor in our decision to support their growth.”
EdenCore will use the funds for the further enhancement of the Viewer and its expansion into new markets, such as the U.S. and Australia. The system is primarily designed to support high-value permanent crops such as vineyards, apple and pear orchards, and stone fruits (peaches and nectarines), while it has recently expanded to kiwi crops. The goal is to integrate additional crops.