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24/03/2012

Agroils raises 900,000 euros seed investment

Agroils technologies rises about 900,000 euros in a first round investment. The company developed a specific tecnique to optimize the use of the Jatropha plant seeds and fruits. The technology allows to the Jatropha farmers to further develop their business that now is linked only to the production of bio-fuel using the 20% of the plant. With Agroils system also the rest of the plant can be used.
The investors of Agroils technologies are Italian angels for growth, Innogest and XCapital, the company was also one of the startups partecipating at the Intesa Sanpaolo Startup Initiative.