Led by Nutreco, Stellapps has completed the first close towards its pre-series C round from various investors worth $18 million
Nutreco, a global animal nutrition and aquaculture company based in the Netherlands, has invested in India’s leading dairy-tech startup Stellapps to enable farmers to increase productivity and efficiency. Led by Nutreco, Stellapps has completed the first close towards its pre-series C round from various investors. The total size of the round will be $18 million. The fundraising round also saw participation from existing investors including Qualcomm Ventures, Celesta Capital, and ABB Technology Ventures.
The latest funding round is a significant step forward to enabling Stellapps technology to solve these challenges. Stellapps plans to deploy the funds to rapidly scale-up its traceability network and extend its digital footprint across India.
