Proveye Secures €1 million in Seed Funding

Proveye, a leader in remote sensing image analysis for agriculture, today announced that it has closed a €1 million seed funding round to advance the company’s growth strategy. The funding round was led by Inspire Investments, the private investment arm of Waystone’s management team, and Enterprise Ireland. Jerome O’Connell, CEO and founder, Proveye, said, “This investment comes at a time of rapid growth for the company as we demonstrate the value of a new generation of image-based analytics in agriculture. Our talented team is working with some of the leading names in the agriculture industry to solve challenges previously out of reach to substantially increase certainty and accuracy in management decisions at the field, farm and even regional scale.”