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Pre-Seed

Farmdrive secures £1m pre-seed funding to scale its livestock data platform

farmdrive

The pre-seed round was led by TechStart Ventures and Ascension Ventures to fuel international expansion and product development.

£1.0MPre-Seed

Farmdrive provides digital tools and supply chain platforms to simplify livestock management and compliance for farmers, processors, and retailers.

Northern Ireland agri-tech firm farmdrive has secured £1m in pre-seed funding to accelerate its expansion across the UK and Europe. The round was led by TechStart Ventures and Ascension Ventures, with additional participation from Angel Invest.

The fresh capital will be deployed to drive product development, make new hires, and scale operations internationally. Founded in 2023 by Gareth McDonald and Gareth Gordon, the company provides livestock tracking and supply chain transparency platforms used by over 1,000 farms.


From the founder

"The support we have received through local programmes has been fundamental in our success; from being able to tap into expertise to first-class networking opportunities.farmdrive was started on my own family farm to make everyday life easier for cattle farmers. We’re incredibly proud to see it being loved and trusted by thousands of farmers across the UK and Ireland. This £1m investment lets us take our practical vision worldwide – giving farmers better data in their pocket and giving meat processors and retailers the transparency they need – from farm to shelf."
GM

Gareth McDonald

CEO at farmdrive


Investor perspective

"Supply chain visibility is vital to informing production, establishing an audit trail, and building resilient food systems. farmdrive is at the forefront of this transformation providing critical infrastructure to make this possible. We’re pumped to back Gareth and Gareth – two farmers turned software engineers – who are bringing farming into the 21st century."
TO

Toyosi Ogebengbe

Principal, Ascension


Use of funds

  1. 01Continue product development
  2. 02Grow the team
  3. 03Expand into international markets

Investors

T

TechStart

Ascension

Toyosi Ogebengbe

Ascension

Angel Invest

Connor Murphy

Angel Invest


Categories

AgriTechMobile App

About the company

farmdrive

farmdrive

Farmdrive builds software to simplify livestock data and supply chain management for agriculture.

Northern Ireland, UK Founded 2023 Website
£1.0MRaised