Mondelēz International, Inc. announced that its impact investing platform, Sustainable Futures, has made an investment in eAgronom, an Estonian company providing digital tools to support farmers in their transition to more sustainable practices.

The investment was raised as part of eAgronom’s Series A2 fundraising round, enabling the company to expand in key markets and accelerate the adoption of sustainable practices to over 4 million hectares of farmland by 2026. Neither party disclosed the size of the investment.

“More broadly, partnerships with food companies play a vital role in driving progress toward net-zero food production over the long term. Together, we can empower farmers to adopt sustainable practices and improve soil health, which are both essential steps toward building a sustainable agriculture sector.”
Robin Saluoks, CEO of eAgronom

eAgronom currently works with over 3,500 farms, managing more than 2.5 million hectares of farmland across 10 European countries, including Poland, Romania, and Sweden as well in Africa. Its platform provides financial incentives and an integrated farm management solution, helping farmers transition to regenerative agriculture, access carbon credit markets, and strengthen their financial resilience.

“This investment in eAgronom fits well with the Climate impact thesis of Sustainable Futures and our wider sustainability goals of building greater resilience within our key supply chains,” said Susanne Mathis-Alig, Senior Director of Sustainability at Mondelēz International.

Impact investments drive net-zero progress

“We’re thrilled to welcome Mondelēz as investors,” said Robin Saluoks, CEO of eAgronom. “More broadly, partnerships with food companies play a vital role in driving progress toward net-zero food production over the long term. Together, we can empower farmers to adopt sustainable practices and improve soil health, which are both essential steps toward building a sustainable agriculture sector.”

In July 2024 eAgronom secured €10 million in its Series A2 equity round to expand eAgronom´s presence in key markets.

“eAgronom’s platform provides a broad set of capabilities covering project development, on-the-ground support, and financial access,” said Michael Weber, Senior Director of Climate & Environment at Mondelēz International. “We look forward to supporting the team’s efforts, especially on the insetting side with carbon removals forming part of many companies’ carbon reduction pathways while external standards continue to evolve.”

Impact investment firm Sagana advised on the deal and conducted due diligence to validate eAgronom’s commercial offering and its positive impact. By promoting regenerative farming practices, eAgronom helps to restore and regenerate depleted soils, while reducing carbon emissions through long-term storage and improving climate change resiliency for farmers.

GOOD TO KNOW

• eAgronom was founded in Estonia in 2016 by the son of farmer and entrepreneur Robin Saluoks and business veteran Kristjan Luha.
• eAgronom is an agriculture-focused climate tech company dedicated to helping farmers adopt sustainable practices for the good of their farms and the entire planet. Acting as both a knowledge hub and a partner in modernising farms, eAgronom works closely with farmers and the food industry to implement sustainable practices in a financially viable way.
• By providing real-time crop monitoring from fields, automated reporting, crop and yield plans, farm activity schedules, and more, the company provides detailed insights tailored specifically to individual farms’ needs and integral to future-proofing their businesses.
• With more than 3500 customers covering over 2,500,000 hectares of farmland in Europe, eAgronom is changing the very agricultural industry responsible for feeding the continent.
• Following a successful A2 round in 2024, the startup now has €20 million in investor backing.
• eAgronom´s investors are ZGI Capital, Specialist VC, Trind Ventures, Iron Wolf Capital, TMT Investments, Black Pearls VC, Icos Capital, Soulmates Ventures, SmartCap Green Fund, Swedbank.

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