MapMyCrop, a MaaS-based 360-degree Imagery Agro suite, has raised $1.8 million in a seed funding round led by YourNest Venture Capital with a contribution from other angel investors, including Eaglewings Ventures.
The funds raised will be used to expand operations, close pilot orders, strengthen the sales and operations team, and advance the platform’s technology. The company also plans to launch new solutions, including an AI-based farm credit score tool and a dedicated forest monitoring system.
The funding comes as part of the YourNest-SanchiConnect Velocity Program 2024, an accelerator initiative to support high-growth DeepTech startups.
Swapnil Jadhav, Founder & CEO of MapMyCrop, said, “This investment is a step towards transforming agriculture into a high-precision, data-driven industry that benefits farmers, enterprises, and the planet. Our plan is to scale our cutting-edge solutions, delivering unparalleled accuracy and impact to drive sustainability and productivity. Together, we are shaping the future of farming, making innovation accessible to millions worldwide.”
Girish Shivani, Executive Director & Fund Manager, YourNest Venture Capital, said, “Investing in MapMyCrop offers us a compelling opportunity to capitalise on the future of sustainable agriculture. Their scalable, user-friendly satellite-based solution provides farms with precise insights for optimised yields, overcoming traditional AgriTech limitations. This approach addresses food security and climate change, driving market growth and improving farmer livelihoods. Their global presence and the customers across multiple geographies gives them the launchpad to scale exponentially.”
Founded in 2021 by Swapnil Jadhav and Rajesh Shirole, MapMyCrop is the first 360-degree imagery agro suite, centralising critical agricultural data into a single, user-friendly platform.
The platform combines satellite imagery, IoT and AI-driven insights to help farmers and enterprises monitor, predict and optimise crop health.
MapMyCrop currently supports over 4.7 million farmers globally and collaborates with organisations such as the US FDA on crop monitoring and sustainability initiatives.
As part of its growth strategy, the company aims to penetrate emerging markets in Africa, Latin America and Southeast Asia while deepening its presence in the US and Europe. The company is also working on localised solutions for different regions, addressing specific agricultural challenges with tailored AI-driven insights.
