Smart irrigation platform Hortau wraps up $20 mln financing
Hortau, a Lévis, Québec-based provider of precision irrigation management services for agriculture, has closed a $20 million financing. The round was backed by Export Development Canada and Fonds de solidarité FTQ. These new investors and Fondaction join existing investors Aviro Capital, Advantage Capital Partners, BDC Capital and Capital régional et coopératif Desjardins. The funds raised will support product development and continued global growth. Founded in 2002 by CEO Jocelyn Boudreau and Jean Caron, Hortau helps growers manage irrigation scheduling and crop stress, optimize growth, and reduce water use, energy consumption and nutrient loss.
27 February 2019•4 mins read
