Javelot, a pioneer in digital solutions for post-harvest and grain storage, announces the raising of 10 million euros from NextStage AM and IDIA Capital Investissement, as well as its historical investors (Sparkling Partners and Unilis Agtech, joint venture between Unigrains and Arvalis) and Crédit Agricole Brie Picardie.
Founded in 2018 in Wasquehal (Lille) by Felix Bonduelle, an agricultural engineer, Vindicien Delcourt, a farmer, and the start-up studio Sparkling Partners, Javelot currently has 25 employees and plans to triple its workforce by the end of 2023.
Originally a specialist in connected thermometry for grain storage, Javelot offers a global platform for centralizing grain storage data, enabling its customers (cooperatives, traders and farmers) to optimize the economic and environmental performance of their storage.
In addition to the almost total elimination of storage insecticides, users can make substantial savings on their energy consumption, from 30 to 70% compared to conventional equipment.
This savings opportunity has already attracted the French market, where Javelot will monitor 10% of cereal stocks by the end of 2022.
Always looking for growth, Javelot wishes to achieve two objective with this fundraising:
- Accelerate its development, especially internationally, with the ambition of becoming the European leader in post-harvest digital transformation, monitoring 50% of the EU market by 2025.
- Expand its service offering within an integrated platform that covers all post-harvest and grain storage operations, and thus enable agricultural cooperatives and traders to go even further in improving their economic and environmental performance.
Congratulations to the entire Javelot team for the work accomplished, and we wish you even more success in the future !
