SABI AGRI RAISES €8 MILLION IN SERIES. A FINANCING TO BECOME THE LEADER OF AGROECOLOGICAL ROBOTIC.
SAINT-BEAUZIRE, September 2022 – SABI AGRI, a pioneer in agroecological electric equipment, announced a Series A financing round of €8 million from its historical investors Ui Investissement and Crédit Agricole Centre France and has welcomed a new partner, Cita Investissement.
This round of financing will enable the family business to continue deploying its ambitious strategy.
SABI AGRI recorded a significant growth, doubling its turnover every year. The demand for versatile and environmentally friendly electric agricultural equipment is very strong.
This fundraising is part of SABI AGRI’s development strategy by transforming its electric tractors into autonomous tractors.
“Agricultural robotics is a lever capable of providing virtuous solutions. With more than 15,000 hours of field feedback, we are ready to deploy the next generation of versatile and collaborative robots to facilitate the implementation of sustainable, profitable and respectful agriculture.”
Laure Prévault Osmani, Managing Director and co-founder of SABI AGRI
8 million to strengthen a disruptive positioning
In the fast-growing AgTech market, SABI AGRI is the pioneer of a unique and patented mechatronic architecture that enables the rethinking of the concept of agricultural equipment. Having made electricity a design asset, its electric tractors are natively robotizable. They combine all the advantages of current agricultural equipment – versatility, power and autonomy – with those of the new ones – economical and environmentally friendly.
SABI AGRI’s vision and project is supported by the European Commission through the EIC Accelerator program, of which it is an award winner.
“Turning our electric tractors into robots is just a matter of replacing the driver with an algorithm. Everything in our machines allows this transition. With these new financial resources, we have everything we need to take it to the next level and put our first autonomous robots on the market this season!”
Alexandre Prévault Osmani, President and Co-founder of SABI AGRI
About SABI AGRI
SABI AGRI, a fast-growing agroecological robotics company, has developed a new generation of agricultural machinery with its high-performance electric tractors and robots.
The company, expert in electric traction, transforms agricultural machinery to support the implementation of sustainable agriculture for all crops and all operations. SABI AGRI’s machines combine technological advances and robustness to achieve triple performance: Respect for the environment – Profitability – Respect for People.
SABI AGRI is recognized as a company of excellence with complementary skills and a commitment to a better future.
Contact : Laure PREVAULT OSMANI – email@example.com – 04 73 66 18 98
About Ui Investissement
UI Investissement is an independent company specializing in the development of unlisted French companies. For more than 50 years, UI Investissement has been committed to working alongside the managers of growing SMEs and mid-sized companies to help them emerge and develop economically and sustainably successful companies. It manages nearly €1.5 billion in assets and invests with 400 managers in sectors that are essential to society, such as healthcare, agribusiness, industry and services. Expansion and buyout capital, the historical core of UI’s business, represents more than half of the assets under management and allows more than 50 companies to benefit from the operational expertise and methodological tools developed by UI. At the same time, the teams and investment vehicles dedicated to innovation and consolidation enable us to support companies throughout their life cycle and contribute to the economic dynamism of the regions.
Today, UI has more than 70 employees and 13 regional offices in Nantes, Rennes, Caen, Reims, Strasbourg, Dijon, Besançon, Clermont-Ferrand, Lyon, Limoges, Aix-en-Provence and Lille, in addition to its teams in Paris.
JEREMIE Innovation 2 and JEREMIE CAP’PME2 are part of the JEREMIE Auvergne 2 program, financed by the European Union and the Auvergne – Rhône-Alpes Regional Council. It aims to facilitate the provision of equity to companies by funding agencies.
Press contact: Laurent Mailllard – 06 60 59 77 07 – firstname.lastname@example.org
For more information: www.ui-investissement.fr
About CACF Developpement
CACF DEVELOPPEMENT is the subsidiary of Crédit Agricole Centre France dedicated to financing development and transfer capital. CACF DEVELOPPEMENT provides capital support to companies located in the territory of the Centre France Regional Bank (Allier, Cantal, Corrèze, Creuse, Puy-de-Dôme).
About Cita Investissement
CITA is a non-listed investment company, the result of a meeting in 2013 between Bpifrance and KIA (KIA-Kuwait Investment Authority).
It invests in minority shares alongside a team of managers, to support a business project.
CITA complies with the United Nations’ Principles for Responsible Investment (UN-PRI) charter, which aligns the practice of professional investors with best environmental, social and corporate governance (ESG) practices.