Ikos Advanced
Spanish AgTech building the first integrated agricultural platform.
Overview
Spanish AgTech founded in 2019 whose business is based on AI-powered sensors and software to optimise resources (water, crop protection, etc.) and automate activities in the agricultural sector. Its offering combines a set of sensors (hardware) with an annual software subscription that delivers recommendations and automations through proprietary algorithms.
Its strategy is to build an integrated agricultural platform of products and services that lets farmers digitalise their operations and improve productivity. Market leader in Almería — Spain’s most advanced agricultural hub — with revenue of €4.4m in 2024 and €6.8m expected in 2025. Customers are concentrated in greenhouse farming (~70%), woody crops (~25%) and open-air horticulture (~5%).
Impact thesis
Empower farmers and communities to optimise irrigation, resource efficiency and ecosystem health through innovative digital solutions and personalised recommendations.
- Water scarcity and pressure on soils
- Labour shortage and the technology gap in agriculture
- Low digital adoption and productivity among small farmers