Eruvaka: Dutch aquafeed firm Nutreco picks up 25% stake in agri-tech startup Eruvaka

Eruvaka, an Internet of Things-based agricultural technology startup, has raised an undisclosed amount in a Series B round of funding from Dutch animal nutrition and aqua feed firm Nutreco and existing investor Omnivore. Nutreco led the investment, picking up 25% stake in Eruvaka and forging a commercial partnership to help scale it globally, the Vijayawada-based startup said in a statement. Nutreco's chief innovation officer Viggo Halseth will join the board of Eruvaka. The latest funding round comes nearly five years after Eruvaka had received an undisclosed amount in Series A funding from early-stage venture capital firm Omnivore [...]