eAgronom Secures €10 Million to Boost Sustainable Farming Practices
eAgronom, the Tallinn-based climate tech startup focused on agriculture, has successfully raised €10 million in its Series A2 equity round. This funding includes €4.2 million converted from a booster round last year and an additional €5.8 million raised this year. The round was led by Swedbank AB, which invested €4 million, and included contributions from Icos Capital, Soulmates Ventures, and SmartCap Green Fund.

eAgronom, the Tallinn-based climate tech startup focused on agriculture, has successfully raised €10 million in its Series A2 equity round. This funding includes €4.2 million converted from a booster round last year and an additional €5.8 million raised this year. The round was led by Swedbank AB, which invested €4 million, and included contributions from Icos Capital, Soulmates Ventures, and SmartCap Green Fund.
Expansion and Utilization of Funds
With this new injection of funds, eAgronom plans to expand its presence in key markets and scale its sustainable farming programs, particularly in Scope 3 and sustainable financing. The company also aims to raise an additional €2 to €4 million later this year to further support its initiatives.
Jon Lidefelt, Head of Baltic Banking at Swedbank, emphasized the importance of this investment, stating, “The partnership with eAgronom adds to a fantastic overall solution for our agricultural customers in Estonia, Latvia, and Lithuania. With this investment, we advance our commitment to eAgronom to strengthen the ecosystem of partnerships for the benefit of our customers.”
Addressing Critical Agricultural Issues
Promoting changes in agricultural practices is essential for sustainability and is central to eAgronom’s mission. Food production accounts for approximately 31% of total greenhouse gas emissions, with 70% of these emissions originating at the farm level. By 2050, food production will need to increase by 60% to feed a growing population of 9.3 billion. This highlights the critical role farmers play in emission reduction efforts.
eAgronom aims to reduce carbon footprints significantly through carbon insetting and regenerative farming practices, providing financial incentives and education to farmers to adopt these methods.
Company Overview
Founded in 2016 by Robin Saluoks and Kristjan Luha in Tallinn, eAgronom offers solutions that help farmers operate smarter and more sustainably. The company assists farmers in monitoring and verifying sustainable practices, generating carbon credits, improving agricultural efficiency, and gaining better access to financing.
The company’s Carbon Program enables farmers to earn money by creating Carbon Credits, improve soil quality, reduce input costs, and access better financing terms. This makes carbon-neutral farming financially viable. Additionally, eAgronom helps food companies implement value chain projects and measure their impact.
Currently, eAgronom works with over 3,000 farmers in 14 countries. Partner farms across Europe and Africa have already stored 525,000 tCO2 annually, equivalent to the annual carbon emissions of 100,000 people. The company aims to reach its target of 4.1 million hectares by 2025.
Robin Saluoks, co-founder and CEO of eAgronom, noted the challenges faced by farmers, stating, “The average farmer has only 40 harvests to experiment with throughout their entire career. eAgronom’s sustainability programs help reduce farmers’ risk by providing extra incentives and education. The ongoing funding round will help us to scale these initiatives to many more farmers.”
Future Outlook
The recent funding round reinforces eAgronom's mission to promote sustainable farming and reduce carbon emissions. By expanding its sustainable programs, the startup addresses critical agricultural challenges effectively.
The innovative Carbon Program offers financial incentives and education, encouraging farmers to adopt regenerative practices. With proven success in multiple countries and ambitious growth targets, eAgronom is poised to make a significant impact on global agricultural sustainability.