Dutch aquafeed firm Nutreco picks up 25% stake in agri-tech startup Eruvaka

By April 30, 2018 News

Dutch aquafeed firm Nutreco picks up 25% stake in agri-tech startup Eruvaka

Eruvaka, an Internet of Things-based agricultural technology startup, has raised an undisclosed amount in a Series B round of funding from Dutch animal nutrition and aqua feed firm Nutreco and existing investor Omnivore.

Nutreco led the investment, picking up 25% stake in Eruvaka and forging a commercial partnership to help scale it globally, the Vijayawada-based startup said in a statement.

Nutreco’s chief innovation officer Viggo Halseth will join the board of Eruvaka.

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